TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer discusses Friday's most talked about stocks including J.C. Penney (JCP) - Get J. C. Penney Company, Inc. Report , Foot Locker (FL) - Get Foot Locker, Inc. Report and Hewlett Packard Enterprise (HPE) - Get Hewlett Packard Enterprise Co. (HPE) Report.
Retailer J.C. Penney said it would close 130 to 140 stores.
"It's news that they closed those stores, because we had felt that they were doing better," Cramer said.
Meanwhile, Foot Locker reported better than expected earnings Friday. "Foot Locker is the only mall based store that is really doing it right," Cramer said.