Jim Cramer’s Game Plan: 12 Stocks in Focus

4. Macy’s, Inc. (NYSE:M)

Number of Hedge Fund Holders: 37

Macy’s, Inc. (NYSE:M) was mentioned during the episode, and here’s what Mad Money’s host had to say:

“Wednesday morning, well, let’s see, we got two retailers, DICK’S Sporting Goods with a stock that’s been crushed and it’s announced its plan to buy Foot Locker last week and Macy’s, the now chronically underperforming department store chain.”

Macy’s (NYSE:M) is a retailer that provides a broad selection of products, including apparel, accessories, beauty goods, and home décor, through its Macy’s, Bloomingdale’s, and bluemercury brands. Discussing how tariffs will impact companies that import items, Cramer mentioned the company and said in March:

“I have to imagine that Macy’s or a Kohl’s could get hung up on these things too… Of course, these stocks are part of the S&P 500. Right now, they’re considered heavy. There are so-called death crosses all over the place, a chartist term that means the stock’s gonna really roll over and hurt you.

And yes, it is hard to stick your neck out because the president’s people haven’t been able to quell fear so the hunker down is going to hurt retail even if you believe that the White House has very good reasons to get tough on our trading partners, and they really do although the administration’s bad at articulating them and if the president makes some exceptions, then things are all part of one big no exclusions policy, well, that’s pretty positive. Me? I don’t know.”