Stock Data
$0.88 (0.77%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
DISCOUNT STORES
Walmart Inc. is a global retail giant offering a wide range of products and services. With a presence in various countries, it operates under several segments including Walmart U.S., Walmart International, and Sam's Club. The company's vast offerings include groceries, apparel, electronics, home goods, and more, available both in-store and online. Walmart also provides financial services and operates ecommerce platforms like walmart.com and flipkart.com. Known for its supercenters and discount stores, Walmart continues to serve millions of customers, emphasizing affordability and convenience.
Cramer backs off-price retail as legacy inventory flows create a tailwind for discounters—TJX has the goods to move higher.
All that said, TJX is an inventory play. It goes up if it has lots of inventory from old line retailers and it does. That's why it is a buy. WMT actually seems cheap
Cramer sees lower fuel costs shifting consumer spending patterns from discount retailers to credit-enabled purchases.
Gasoline down means consumer is more liquid so doesn't need to go to TJX/WMT. It also means you can buy Capital One, COF, as the consumer will be emboldend to buy,. COF can go up big
A $10,000 investment from late 1999 just crossed six figures, marking a rare feat for a mature retailer that weathered two decades of e-commerce disruption.
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