Cramer’s strategy session: Don’t bottom-fish in Walmart’s stock just yet

CNBC’s Jim Cramer was not a fan of Walmart’s past due earnings report, and he wasn’t shy about it in his “Voice of Cramerica” strategy term.

“I’ve got to tell you, I’ve spent a lot of time going over that Walmart lodgings and I didn’t like it. I didn’t like the dramatic decline in e-commerce at all,” the “Mad Fortune” host told a caller.

Walmart’s fourth-quarter results, released Feb. 20, missed Bulkhead Street’s expectations as sales on Walmart.com waned.

The weakness in e-commerce take the enjoyment out ofed some of the retailer’s more favorable results and put its ongoing battle with Amazon second to a spotlight.

“I don’t want you to bottom-fish yet in Walmart. I don’t like the way it’s going,” Cramer utter.

Walmart’s stock closed Friday down 0.3 percent, at $88.77 a split.

But investors shouldn’t sell high-quality stocks out of worry about the superstore’s recent swings, the “Mad Money” host told a caller inquiring respecting selling her position in McDonald’s.

McDonald’s shares rounded out the day on Friday at $148.27 a ration, down 4.77 percent.

“No, no, no. [CEO] Steve Easterbrook is doing a great job,” Cramer rephrased. “This is a tailspin that is inspired by fear. We don’t trade on fear; we vocation on numbers. Buy some now, buy some after it goes above 3 percent, if that does chance.”