Jim Cramer's Stop Trading: What to Look For in Retail Stocks
NEW YORK (TheStreet) -- Retail stocks were the focus of Friday's "Cramer's Stop Trading" segment on CNBC.
TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio, noted a Goldman Sachs report advising investors to buy Macy’s
Cramer wasn't so sure. He noted Macy’s has already moved much higher and now has a "high bar to clear." Meanwhile, the news out of Kohl’s doesn’t seem too bad.
Retailers such as Home Depot
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Cramer concluded that his picks are retailers with domestic exposure, not international exposure.
-- Written by Bret Kenwell in Petoskey, Mich.