The TJX Companies, Inc. (TJX) “Had The Best Comps,” Says Jim Cramer

We recently published a list of Jim Cramer Says “We Have No Idea What’s Really Going To Happen” and Discusses These 12 Stocks. In this article, we are going to take a look at where TJX Companies, Inc. (NYSE:TJX) stands against other stocks that Jim Cramer discusses.

The TJX Companies, Inc. (NYSE:TJX) is the off-price retailer whose shares have gained a modest 3.8% year-to-date. However, May has been full of trouble for the firm as the stock has lost 6.8% since the firm’s first-quarter earnings report. As part of the results, The TJX Companies, Inc. (NYSE:TJX) highlighted its struggles with weak consumer sentiment that other retailers are battling as well. It warned that merchandise it had on order before President Trump’s tariff announcements would suffer from price hikes in the second quarter. In his previous remarks, Cramer cautioned viewers to not read too much into the post-earnings share price weakness as the stock always behaves that way. Here are his recent thoughts about The TJX Companies, Inc. (NYSE:TJX):

“Against that, TJX did a solid beat and raise and as always, they guided lower. TJX usually goes down two to three points, but its four today. And then goes down maybe a point tomorrow. And by the end of next week, not his week, it could be at 136.

“They actually had the best comps.”

A busy retail store floor with customers trying on apparel and browsing the products.

One key aspect of The TJX Companies, Inc. (NYSE:TJX) that Cramer has regularly discussed in his morning show is the firm’s ability to benefit from tariffs. The CNBC host believes that the retailer can find itself in a position to buy excess inventory in the US due to over-ordering generated by tariffs. Here’s what Cramer said about The TJX Companies, Inc. (NYSE:TJX) in April immediately after the Liberation Day announcements:

“But let me give an example about what I say the market’s wrong. You gotta be careful. TJX is the principal beneficiary. Because everyone’s gonna take in a lot of inventory because they’re trying to get in fast. And then they won’t be able to sell everything so they’ll give it to TJX. That is what I call a winner. Okay.”

Overall, TJX ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of TJX, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TJX and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.