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Following The Election, Jim Cramer Is Positive On Retailers

The presidential election is over. This should be relieving to all, especially for retail and restaurant investors.

Jim Cramer highlighted during on Tuesday one particular small restaurant chain that best exemplified the bullish stance on retail and restaurant chains.

Zoe's Kitchen Inc ZOES is a small-cap fast-casual restaurant chain with just 170 restaurants across 20 states. Cramer noted that in Zoe's earnings report, the company believes business will improve is because the election is now behind us.

Investors shouldn't be surprised as many executives argued months ago that the election is bad for business.

Cramer said Zoe's Kitchen's outlook is also shared by Macy's Inc M CEO Terry Lundgren and J C Penney Company Inc JCP CEO Marvin Ellison when the two retailers reported their respective earnings.

Popeyes Louisiana Kitchen Inc PLKI is a restaurant chain that also shares an optimistic outlook following the election.

"Let's not lose sight of the fact that when you listen to these CEOs from retail - they think it's a sea change," Cramer said. "They actually think the retail is a sea change and they definitely think that now it is behind us and people are going out again."

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