Jim Cramer's Winning Stocks for Budget-Conscious Consumers
From YouTube
Jim Cramer highlighted several budget-friendly retail stocks that are thriving as consumers seek better prices amid inflation.
Cramer noted that while consumers aren't necessarily cash-strapped, they are fed up with high prices and are seeking bargains. He pointed to $Walmart (WMT.US)$ and $Costco (COST.US)$ , with their low-cost offerings, as particularly appealing. Walmart and Costco have risen 30% year to date, whereas $Walgreens Boots Alliance (WBA.US)$ and $CVS Health (CVS.US)$ have dropped 40% and 23%, respectively.
In the apparel sector, Cramer mentioned $TJX Companies (TJX.US)$ , Ollie’s $Ollie's Bargain Outlet (OLLI.US)$ , Ross Stores $Ross Stores (ROST.US)$ , and Burlington Stores $Burlington Stores (BURL.US)$ as top performers, with year-to-date gains of 13%, 23%, 7.5%, and 23%, respectively. He emphasized these stores' success in offering aggressively priced apparel despite broader apparel inflation.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Sonnytrades : If Cramer likes the stock... you know what happens next
Michael Jones617 Sonnytrades :