Jim Cramer Gives His Opinion On Wal-Mart, Shopify And Macy's

On CNBC's Mad Money, Jim Cramer said that Wal-Mart Stores, Inc. WMT is a winner, although the CEO has to make a major turnaround. The stock gained 2 percent after the weakening of Chinese currency, because it is a large importer of goods from China.

Cramer thinks that Shopify Inc SHOP is one of the better IPOs that had a good quarter.

Macy's, Inc. M is going to make it through its current challenges, but investors have to wonder is it worth it to own the stock when there is a better place to put their money, believes Cramer.