Halftime Traders Tackle Cramer's "Un-Amazon-able" Retail Stock Picks
The Halftime Report traders are breaking down Jim Cramer's stocks that can't be "Amazon-ed." Specifically companies that will be able to survive Amazon.com (NASDAQ: AMZN)'s growing e-commerce presence.
Black Friday desktop spending was up 10% this year according to analytics company ComScore.
"Think twice before you pull the trigger on a retail stock," said Cramer.
"I own Dollar Tree (NASDAQ: DLTR) and took some profits last week," said Steve Weiss. Shares are up 16% in the last month. "These are the stocks you want to own. It's a franchise and a cash flow machine," he added.
"TJX (NYSE: TJX) has a great online presence," noted Pete Najarian. "They own Home Goods. There's a reason why their traffic numbers are so good."
"Costco (NASDAQ: COST) membership gets people in the door. You're seeing bulk, big ticket purchases," added Joe Terranova.
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