A generational shift in consumer tastes is a boon for these retailers, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

'These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass,' Jim Cramer says.

"I like these names the most right now for all the reasons that I hate the rest of brick and mortar. Off-price chains like TJX are the beneficiaries of all the excess inventory out there," he explained. "When department stores have too much merchandise, they sell it to these companies at a fraction of its cost."

Home Depot is offering a combination of good prices and customer service to satisfy both individual consumers and contractors, which is where the home improvement chain has an advantage over its chief rival in Lowe's, Cramer said.Disclosure: Cramer's charitable trust owns shares of Amazon, Burlington and Home Depot.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company earnings give a better read on the economy than the bond market, Jim Cramer says'I explained over and over again: you get a much better read on the economy by listening to the conference calls of individual large companies,' Jim Cramer says. Oh, really? Apple reported lower revenue in 2019 than the same period in 2018. Well, their creative accounting for earnings is certainly more advanced than the bond market. An observation about companies obsessed with the next quarter’s performance versus debt investors trying to look years into the future.
Source: CNBC - 🏆 12. / 72 Read more »

'Everything seems like a trap now' — Cramer warns about mixed signals in the stock marketInvestors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns. Yes this is the bear trap. Kramer got it right this time More selling after the Labor Day $spx $ndx
Source: CNBC - 🏆 12. / 72 Read more »

Comedian Jim Gaffigan Rakes In $30 Million By Ditching Netflix And Betting On HimselfAmazon is taking a swipe at Netflix's lucrative comedy business, and Jim Gaffigan is standing up to become the first big act to jump ship. Born to Jack Way to go sir JimGaffigan ! That’s a great deal for someone that does not know anything about horses ! 😆👋🏽👏🏽👏🏽👏🏽
Source: Forbes - 🏆 394. / 53 Read more »

I tried mac and cheese from 6 fast-food chains, and Chick-fil-A's transcended the others with cheese I could actually see and tasteI tried the mac and cheese from six chains including Chick-fil-A, KFC, Popeyes, and Panera, and Chick-fil-A's was a clear standout. Yes, but what are your arteries saying to you?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Company earnings give a better read on the economy than the bond market, Jim Cramer says'I explained over and over again: you get a much better read on the economy by listening to the conference calls of individual large companies,' Jim Cramer says. Oh, really? Apple reported lower revenue in 2019 than the same period in 2018. Well, their creative accounting for earnings is certainly more advanced than the bond market. An observation about companies obsessed with the next quarter’s performance versus debt investors trying to look years into the future.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer's lightning round: Everyone should put 10% of their money in gold'Mad Money' host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. MadMoneyOnCNBC and another 30% in china equity MadMoneyOnCNBC I wouldn’t touch gold with a 20 foot pole! Maybe short gold! But I not sure I would do that either! MadMoneyOnCNBC 10% of nothing is still nothing
Source: CNBC - 🏆 12. / 72 Read more »