Kohl’s is a “premium retailer” that shouldn’t be counted out, Cramer said on Friday’ Stop Trading!. KSS has better inventory control than most of the retailers and is “too good” to be thrown away with the rest of them, he said.
Avon , even at a 52-week high, is a buy for its “tremendous multiple expansion,” Cramer said. The makeup company has strong international growth that is “still unrecognized” and that could easily tack on another $3 to the stock. Avon has joined the likes of Procter & Gamble and Coca-Cola as stocks that are usually unaffected by the U.S. economy.
Cramer said that Hewlett-Packard is a great tech stock that's cheap at present levels, so "it doesn't make any sense" that investors are selling it along with the rest of the sector.
And as “Street Signs” prepares to broadcast live from Dubai on Monday, Cramer recommended two Middle Eastern plays: Halliburton , one of his stocks of the year, and Foster Wheeler , which said it expects $90 billion in contracts from the Middle East.
Jim's charitable trust owns Hewlett-Packard.
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