“I would say that it would be very difficult to make the case for those folks to invest knowing everything going on in the company if all of our drugs were going to fail and our toxicities were a big problem,” Crooke said. Meanwhile, it’s no secret retailers are struggling, which is why Jim Cramer thinks the market jumped on Five Below’s ( FIVE ) 1 percent same store sales growth, pushing the stock up over 10 percent on Thursday. The teen-targeting discount chain’s “fun and experiential” spirit is what helps it pull in shoppers even as the rest of its sector fails to do so, and what made its 1 percent growth shine in a Medical marijuana stocks low-bar environment, Cramer argued. And if you are worried about the risk of a potential border tax, the company even has a solution for that. “Even here there’s a glimmer of hope, as management believes there would be a low-dollar exemption for imports,” Cramer said. “If that’s the case, then Five Below will become one of the go-to names for retail in 2017.” Finally, Jim Cramer turned to technician and currencies expert Carly Garner’s charts for a closer look at the euro, which looks poised to make a comeback. Cramer’s been burned by currency betting before as a hedge fund manager, when the Berlin Wall fell while he was out to lunch and sent currency markets into a frenzy. “I sure didn’t have it my way,” he recalled. “That said, I believe the euro is headed higher and the safest way to play it is with the FXE (NYSE Arca: FXE), the ETF that reflects the euro to dollar exchange rate.” If exchange-traded funds are not your cup of tea , Cramer suggests playing the prospective rally by investing in U.S. companies that do business in Europe, since a strengthening euro means more dollars coming from European earnings.
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