Sears (SHLD) is a moribund institution, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

In Real Money, Cramer said the tailwind for Sears that other retailers are receiving, is dwindling. 

"There's still $3.18 billion in sales this quarter left to be donated to Home Depot (HD)  and Lowe's (LOW)  and Costco (COST) , and a couple of stores in the mall, a little bit more than a billion dollars less than last year at this time," Cramer noted in the article. 

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