Jim Cramer: This Rally Is Based on Retailers and Industrials

Jim Cramer says the recent stock rally is focused on two main industries.
Stocks quotes in this article: SKX, NKE, COLM

Stocks reached record highs on Friday. TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said the rally was based on retailers and industrials.

Cramer said if Trump's border tax is dead, shares of Nike (NKE) , Columbia Sportswear (COLM) and Sketchers  (SKX) are poised for gains.

SEE MORE: WATCH ALL OF JIM CRAMER'S VIDEOS HERE

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TAGS: Investing | Video | Opinion | Economy | Retail | Consumer Services | Industrial Goods | Analyst Actions | Consumer Staples | Sports business | Consumer | Financial Services

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