Jim Cramer Bullish on Dollar General Unless “Oil Makes a Quick Run to $120”

Dollar General Corporation (NYSE:DG) is one of the stocks on Jim Cramer’s game plan. Cramer highlighted it as one of the stocks he likes, as he commented:

Thursday, we get reports from three that I like: DICK’S Sporting Goods, Dollar General, and Ulta Beauty… For the same reason, I think you can buy both Dollar General and Ulta Beauty unless oil makes a quick run to $120. These fit the description of what’s working are bargain offerings, real bargains. They have them. As long as the price of crude doesn’t go insane, it will matter, and these will go higher.

A stock market data. Photo by AlphaTradeZone on Pexels

Dollar General Corporation (NYSE:DG) sells everyday essentials, including food, household items, personal care products, and apparel at affordable prices. In addition, it provides seasonal goods, pet supplies, and home products. A caller inquired about the stock during the February 2 episode, mentioning that Cramer recommended it last year. The Mad Money host responded:

I know who you’re talking about. Dollar General… okay. I went to Dollar General… The reason I recommend this stock, I had a fabulous experience at my Dollar General… It was much better than before. I went aisle by aisle by aisle. I know they were thinking what are you, casing the joint? What’s he casing the joint? Because if I want to do a good job for you… I take the stuff that Wall Street does. I take a look at the conference calls, and then I go into my own aisles and see what’s going on. And Dollar General was terrific, and you know what? It remains terrific.

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