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Amid Many Retail Reports Next Week, I May Shop for Target: Cramer

July 28, 2023
in Trade Tube
Reading Time: 1 min read
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Ahead of a big week of retail earnings reports, Jim Cramer breaks down which stocks may be worth shopping for. Cramer said he doesn’t necessarily expect Nordstrom’s earnings miss to be indicative of how Macy’s will do — instead, he expects a good quarter from the company. He admits he’s worried about Kohl’s after the company pre-announced higher, but says Dillard’s is a rocket ship going into earnings. Cramer, who’s been a buyer of shares of Target for his Action Alerts PLUS charitable trust portfolio, says he’ll double down if the stock gets hit on its report. Plus, he reveals his expectations when it comes to reports from Ross Stores, TJX Companies, Dollar General, Home Depot and Lowe’s.

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