Jim Cramer Says Big Tech Is Back and Deep Dives Into These 8 Stocks

4. Tractor Supply Company (NASDAQ:TSCO)

Number of Hedge Fund Holders: 40

Cramer brought up Tractor Supply Company (NASDAQ:TSCO) to examine how Wall Street reacts to companies that miss expectations but offer transparency. After a disappointing quarter, the stock rebounded slightly, and Cramer credited management’s candidness and fundamentals like strong customer retention as reasons for cautious optimism. Here’s what he said:

“Consider the case of Tractor Supply. It’s the largest rural lifestyle retailer in the United States. Couple thousand stores here. Last week, the company missed expectations across the board. Declining same store sales, revenue miss, earnings miss, and cut their full year forecast, issue downbeat guidance for the current quarter. And that’s why the stock, which had already been under pressure for the past few months, fell over 3% last Thursday. But then since then, the stock has stabilized, making back most of its losses. It’s almost as if Wall Street appreciated management’s candour.”

Tractor Supply Company (NASDAQ:TSCO) is the leading retail chain catering to rural Americans, offering products for farming, pet care, gardening, and outdoor living. Its niche in essential, needs-based categories like animal feed gives it resilience even during economic slowdowns.