Jim Cramer Reveals The ‘North Star’ Of Investing & Discusses These 10 Stocks

2. Target Corporation (NYSE:TGT)

Number of Hedge Fund Holders In Q4 2024: 56

Target Corporation (NYSE:TGT) is one of the biggest discount store operators in America. Despite the fact that such retailers typically do well in periods of economic uncertainty, the shares are down by 28% year-to-date. Target Corporation (NYSE:TGT) has struggled due to falling sales and competition from larger retailers such as Walmart. Cramer’s previous comments about the firm have remarked that it could be hurt by tariffs. Here are his latest thoughts:

“No there are issues with what’s going to happen and it’s another reason, uh and I’m a small business champion, but another reason to buy Amazon. Because Amazon has, they have scale. Walmart has scale. When you talk to Amazon they say listen, we got, Walmart’s coming on.

“The biggest win here is if they have a, no one does well in a recession. But this maybe a Costco country. A Walmart country. And Amazon country. And then nothing. It is a possibility that we have a big three and yes, CVS will do, stay in the game because of Aetna. But you know what I’m thinking about the Nordstorm’s of the world, the Kohl’s of the world, what Brian Cornell has to hope at Target is that he stays relevant. And doesn’t have too much China. These companies cannot negotiate. And Amazon can basically tell China, here’s the way it’s going to be guys.”