Seven comeback stocks that investors could pounce on: Cramer

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Jim Cramer identifies seven stocks that have lagged the broader market and are starting to catch steam.

"In this newly rejuvenated market, it's time to reach for the laggards and play catch-up," the

host said. "The names on this list are exactly the ones that will work, given that they've fallen behind, right here, mostly through no fault of their own."Stanley Black & Decker announced that it will shift manufacturing of Craftsmen wrenches from overseas to a new plant in Fort Worth, Texas, which explains the rally, Cramer said. That's the power of leaving China, he added.

"Until today, Stanley Black & Decker would get hammered every single time we got another flare up in the trade war because so much of their merchandise is, indeed, made in China," he said. "Now that's changing, so the stock is catching fire."is a health provider for government-sponsored programs, including the Medicare, Medicaid, and Affordable Care Act exchanges.

"Now that safe, consistent domestic names have come back in style on the Wall Street fashion show, this one I think is a winner," he said.has an endorsement deal with the Golden State Warriors star Stephen Curry — who is currently eyeing his fourth NBA Finals championship in five years — and the apparel company has some serious momentum going, Cramer said. He called the point guard "the most compelling figure in basketball.

 

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