Cramer's Retail Stocks Getting Stronger
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Date updated:08-20-2009

"You have to be skeptical when it comes to the press," Jim Cramer said his "Mad Money" TV show Wednesday.

symbol name last price % change open
  • +
  • TGT
    Target Cp
  • $47.83
  • +0.78%
  • $47.52

Where else has the media been wrong? He cited a headline in the Wall Street Journal that said the consumer is holding back the recovery. "But that's not true," said Cramer, who noted that Target (TGT), along with Wal-Mart (WMT) and Kohl's (KSS) all said the back-to-school season was looking better than expected.

People owning TGT also tend to own: HOVSUAAPLHMCAMATBDGGE

TheStreet.com Rating: B- What is this?

  • +
  • WMT
    Wal Mart Stores
  • $54.96
  • +0.20%
  • $54.86

Where else has the media been wrong? He cited a headline in the Wall Street Journal that said the consumer is holding back the recovery. "But that's not true," said Cramer, who noted that Target (TGT), along with Wal-Mart (WMT) and Kohl's (KSS) all said the back-to-school season was looking better than expected.

People owning WMT also tend to own: AIGALLBACCCATCBSCOP

TheStreet.com Rating: B What is this?

  • +
  • KSS
    Kohls Cp
  • $55.54
  • +3.22%
  • $54.17

Where else has the media been wrong? He cited a headline in the Wall Street Journal that said the consumer is holding back the recovery. "But that's not true," said Cramer, who noted that Target (TGT), along with Wal-Mart (WMT) and Kohl's (KSS) all said the back-to-school season was looking better than expected.

People owning KSS also tend to own: BBBYCCSCOGEINTCMSFTPFE

TheStreet.com Rating: B- What is this?

  • +
  • HD
    Home Depot Inc
  • $27.85
  • +1.05%
  • $27.57

Another headline warned that Home Depot (HD), a stock which Cramer owns for his charitable trust, Action Alerts PLUS, and Lowe's (LOW) were also feeling the pinch. "But that's false," said Cramer, given that Home Depot raised its guidance Tuesday and is clearly outperforming Lowe's.

People owning HD also tend to own: CCLXCVSGOOGGSJNJLLY

TheStreet.com Rating: C What is this?

  • +
  • LOW
    Lowes Companies
  • $22.15
  • +0.64%
  • $22.04

Another headline warned that Home Depot (HD), a stock which Cramer owns for his charitable trust, Action Alerts PLUS, and Lowe's (LOW) were also feeling the pinch. "But that's false," said Cramer, given that Home Depot raised its guidance Tuesday and is clearly outperforming Lowe's.

People owning LOW also tend to own: CCATDEFNMFREGEKO

TheStreet.com Rating: C What is this?

  • +
  • FDO
    Family Dollar Sto
  • $31.48
  • +1.38%
  • $31.16

Cramer also called out an article saying that Family Dollar (FDO) was a good stock to own since the company's acceptance of food stamps is helping the bottom line. Cramer, though, put that company in the "Sell Block" last week, saying that Family Dollar is the worst stock to own in a recovery.

People owning FDO also tend to own: ASNEDHCNHRICFJNJKMB

TheStreet.com Rating: B What is this?

  • +
  • TJX
    T J X Cos Inc
  • $39.07
  • +0.77%
  • $38.82

Still another article said that TJ Maxx (TJX) profits were up and that it was a good stock to own. Cramer was aghast, noting that company management just lowered guidance. "Be skeptical," Cramer concluded.

People owning TJX also tend to own: AKAMCMGFCXGOOGJECRIGMSFT

TheStreet.com Rating: A- What is this?

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