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Jim Cramer Recommends Buying Walgreens Over Grocery Chains

May 28, 2023
in Trade Tube
Reading Time: 1 min read
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A downbeat earnings forecast from Sprouts Farmers Market ( ) shows you can’t be in supermarket stocks right now, according to Jim Cramer. He says the companies are facing price wars and deflation, and the group shouldn’t be touched. He said that includes Kroger( ), but he does believe Kroger might buy some Rite Aid( ) stores if Walgreens ( ) has to divest some of them to close its merger. Cramer recommends buying shares of Walgreens.

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