Investing

Cramer Says Retail Is It

Stock Tickers: JCP, KSS, JCP, SHLD, RL, SKS, CROX

Cramer’s retail rovery is the topic of his video (thestreet.com video section) and noted these aren’t all blow-ups.  He thinks retail will have a couple day run and that he thinks gasoline prices are peaked.  So he thinks summer will be ok for retail, except for outdoor and furniture. Here are his picks: "Stick with JC Penney (JCP)" is what he said, as I figured he would.  Kohl’s (KSS) and Sears (SHLD) he still likes, but said Saks (SKS) is the go-to name ahead of next week’s earnings. Cramer also digs Ralph Lauren (RL) at $93.00 going higher.  Crocs (CROX) is one he thinks more good analyst calls will drive it up, but after that he’d say to go out.

Jon C. Ogg
May 17, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

 

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