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Is the individual investor coming back to the market? CNBC’s Hampton Pearson and TD Ameritrade’s Joe Moglia seemed to think so. Cramer hadn’t been too sure, but if the average Joe is planning a return, it’s a godsend, he told Erin Burnett on Stop Trading! today. There are a lot of places for individual traders to put their money, but he’s excited about the machinery, aerospace, agricultural and minerals sectors.

Ralph Lauren is taking gross margin share away from competitors like Kohl’s , JC Penney and Federated Department Stores , Cramer said. The strong brand and reinvestment in the business are serving the clothing retailer well.

“The analysts are finally getting that the point is not to buy back as much stock as possible, but to grow as fast as possible,” Cramer said. He thinks RL should reach $120.

If you’re looking for a way to play the possibility of a rough hurricane season in the Gulf of Mexico, Cramer recommended Oceaneering International – “the only guys that can go down there and fix those platforms pronto,” he said. The business is solid anyway and with oil services down today, “I would be a buyer of this stock” – but only if you believe the hurricane predictions.

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