Retailers are breathing a little easier after seeing business pick up a bit last month. Most delivered same-store sales gains in April that were both better than expected and higher than they've been in months.

I didn’t like the data, says Jeff Macke on CNBC’s Closing Bell. If you’ve got gains I’d take some off the table. In fact, the only retailer I feel comfortable buying is Wal-Mart

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[WMT  Loading...      (%)   ].

I agree that it was a soft month and the consumer is horrible, says Howard Davidowitz of Davidowitz and Associates. However I see opportunity in special situations.

Here are a few of those special situations.

Look at TJ Maxx

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[TJX  Loading...      (%)   ] for the trickle down from weak department stores stales.

Children’s Place

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[PLCE  Loading...      (%)   ] is interesting because they got rid of the Disney stores.

CVS

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[CVS  Loading...      (%)   ] looks terrific because they acquired Caremark.

Urban Outfitters

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[URBN  Loading...      (%)   ] could be a buy because they’re not in malls.

Jeff Macke bristles at the recommendations. The time’s not right, he exclaims!

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