U.S. Markets closed

Target, PetSmart Look to Reverse Downward Trend, Cramer's 'Control' Pick

Target is looking to get back on target -- and it's looking for a new CEO, too, after its holiday hack hurt shares. PetSmart didn't get hacked, but that doesn't account for its shares performance so far this year. With pet sector watchers pointing to U.S. consumers owning an all-time high number of animals, PetSmart could buck the trend. And Jim Cramer is making a 'control' pick that he says is set to rebound on its restructuring.