GO
Loading...

Stop Trading!: When Will Retail Bottom?

Thursday, 23 Oct 2008 | 3:31 PM ET

If a discount, online, tax-advantaged retailer like Amazon.com is under pressure in this environment, Cramer said during Thursday’s Stop Trading!, then the rest of retail is in real trouble.

“If Amazon is saying things are slowing, the mall needs to be turned into a bowling alley,” the Mad Money host said. “I question the value of virtually every retailer if Amazon is struggling.”

Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

Cramer said he couldn’t call a bottom in stocks like Gap or Limited, or the sector as a whole for that matter, in an environment this difficult.

Investors instead might want to look at dividend-paying stocks like Duke Energy, Southern Co. and ConEd. These names might offer some of the few opportunities in which the near term isn’t “disastrous.”

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
AMAT
---
AMZN
---
DUK
---
ED
---
FSLR
---
GPS
---
LB
---
SO
---

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.