Jim Cramer Talks J.C. Penney, Foot Locker, HP Enterprise and the Border Tax

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer discusses Friday's most talked about stocks including J.C. Penney (JCP) - Get Report , Foot Locker (FL) - Get Report and Hewlett Packard Enterprise (HPE) - Get 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.

In retail, Cramer likes TJX Companies (TJX) - Get Report . TJX is a holding of Cramer's charitable trust Action Alerts PLUS. 

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.