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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday April 7.

Pier1 Imports (NYSE:PIR), Bed Bath & Beyond (NASDAQ:BBBY), TJX (NYSE:TJX), Costco (NASDAQ:COST), Cisco (NASDAQ:CSCO)

Cramer sees a home furnishing bull market developing with great results from Pier 1 Imports (PIR), a company people thought was "on the ropes." PIR is now flush with cash and is buying back stock. PIR is now looking for solutions for online commerce. Other home furnishing stocks that performed well on Thursday included TJX (TJX) (which has a home furnishings division) and Bed Bath and Beyond (BBBY).

Costco (COST) and Cisco (CSCO) may sound the same, but the companies are significantly different in their approach to buybacks. Management saw that Costco was unfairly undervalued, bought back stock, and stopped its buyback when the stock reached a reasonable multiple. Cisco, on the other hand, buys back stock whenever they feel they need a lift. Cramer thinks Costco is a "fabulous operator."


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