U.S. stocks open higher on Wall Street as retailers report results throughout the day. Lowe’s posted quarterly results which met analyst forecasts. Investors will also hear from Target, Abercrombie & Fitch, JCPenney and Barnes & Noble. TheStreet’s Action Alerts PLUS co-portfolio manager Jim Cramer says he’d be a buyer of Netflix shares on any pullbacks as a hedge against momentum investors who continue to push shares to new highs. TheStreet’s Ruben Ramirez reports from the Nasdaq MarketSite in Times Square.
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