Jim Cramer Laid Out This Week’s Game Plan: 12 Stocks in Focus

2. The TJX Companies, Inc. (NYSE:TJX)

Number of Hedge Fund Holders: 73

The TJX Companies, Inc. (NYSE:TJX) is one of the stocks in focus as Jim Cramer laid out this week’s game plan. Cramer recommended buying the stock if it gets hit, as he remarked:

“Wednesday and Thursday are chock-filled with retail earnings. Wednesday morning starts with TJX, the parent of TJ Maxx and Marshalls, which we own for the Charitable Trust. I was cautious last quarter, too, because TJX is usually very conservative, but business was just so good. They went, let loose with some tremendous numbers. This is a fabulous company. So if this stock gets hit, which it often does, even on good results, pick some up.”

The TJX Companies, Inc. (NYSE:TJX) is an off-price retailer of apparel, footwear, beauty items, jewelry, home decor, furniture, kitchenware, rugs, and seasonal goods, along with some pet and gourmet products. During the November 6 episode, a caller asked if they should be concerned about the stock. Cramer replied:

“No, no… I was just there yesterday. TJX is really, really strong. It’s what works in a bad market, and… right now, we got a bad one. I say own TJX, not sell it.”