The TJX Companies, Inc. (TJX) Is Offering Great Value & Variety, Says Jim Cramer

We recently published 15 Stocks Jim Cramer Discussed As He Said CEOs Were Afraid Of Hiring. The TJX Companies, Inc. (NYSE:TJX) is one of the stocks Jim Cramer recently discussed.

The TJX Companies, Inc. (NYSE:TJX)’s shares have gained 16% year-to-date to outpace peer Costco’s stock. The gains come after a modest 5% drop in April after Liberation Day tariff announcements. During the turmoil in April, Cramer started to frequently discuss The TJX Companies, Inc. (NYSE:TJX) as he commented that the firm could benefit from all stores that had over-ordered inventory due to tariffs and were looking to offload it. More recently, Cramer remarked that the firm is among the group of preferred retailers that have benefited from a push among Americans for retailers that provide value. This time, Cramer shared how The TJX Companies, Inc. (NYSE:TJX) was also competing with Lululemon:

“You gotta cut price. You gotta figure out how to make it so that you’re not charging as much as they are doing. Because the American people want to stop, they want to shop at, I was at TJX the other day, there had to been a hundred things that looked just like Lulu but probably were better for all I know.”

Pixabay/Public Domain

Here are the CNBC TV host’s earlier comments about The TJX Companies, Inc. (NYSE:TJX):

“I mean I would say that if you default to the companies that have reported in the last 24 hours, actually not a bad bunch to default to, what you find out is that what are the American people doing? Well the American people are shopping at Ollie’s, and at Dollar Tree and Dollar General, and Five Below, and at TJX, and at Roth Stores. And that is a sign that the American people do not feel very secure. And that’s something that Home Depot said, they don’t feel very secure. That is going to keep projects on the sidelines and keep people from spending the way that they would like.

“That place is extraordinary. The bargains there are extraordinary.”

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