Jim Cramer Says “TJX Is Superb in This Environment”

The TJX Companies, Inc. (NYSE:TJX) was one of the stocks on which Jim Cramer shared his take, explaining that dot-com analogies do not hold up in this market. Cramer was bullish on the stock and other similar ones, as he stated:

The most important question today wasn’t how high QUALCOMM should go or whether Intel can get to $150. Whoa. It’s why… doesn’t the war have some more impact on Wall Street beyond a handful of retailers, travel and leisure plays?… The president tells you there’ll be a deal over the weekend, so oil plummets, then there’s no deal… It’s hard to believe that anything good will happen without a third party. The fierce rhetoric may be mere saber rattling, but it sure doesn’t make you feel like the peace deal’s on the horizon… It’s now pretty clear this war’s with us for the long haul… Lots of consumer stocks are indeed falling apart, even if they shouldn’t be.

If the consumer’s really getting weaker thanks to gasoline at $4 and change, then investors should be buying the stocks of TJX, Dollar General, Dollar Tree, Ross Stores, and Five Below, not selling them like they did today. Those have always been the natural trade-down names. TJX is superb in this environment. You can get all the merchandise at once, as other retailers are presumably burdened with too much inventory. TJX is happy to take it off their hands for pretty much pennies on the dollar. We own it for the Charitable Trust. We’ve owned it for years and years, debating whether to buy more or not. It’s come down so much.

A technical stock market chart. Photo by Energepic from Pexels

The TJX Companies, Inc. (NYSE:TJX) sells off-price apparel, footwear, accessories, and home goods. The company offers a wide range of merchandise, including clothing, beauty items, furniture, decor, kitchenware, and seasonal products.

While we acknowledge the potential of TJX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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