Ramish Cheema
3 min read
In This Article:
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 Target Corporation (NYSE:TGT) stands against other stocks that Jim Cramer discusses.
A woman purchasing groceries at a Target store, with a cart full of products.
Target Corporation (NYSE:TGT) is another commonly discussed retail stock on Cramer’s morning show. Throughout the course of this year, the CNBC TV host has maintained that Target Corporation (NYSE:TGT) will struggle to compete with retail giant Walmart on the cost front. He also believes that not only does the firm have a significant portion of its products come through imports but also that Target Corporation (NYSE:TGT) needs to lower prices to 2018 levels. Here are Cramer’s latest thoughts about Target Corporation (NYSE:TGT) which followed the firm’s latest earnings report:
“Right but Brian was very upset. Wanted to do much better. Recognizes that frankly that his prices might be too high. Has to discount more. . .look, let’s just call it. It was a bad quarter. Now I know when I pressed him on these DEI issues when there was backlash, he did not say there was. And I just went back and asked about the conference call that they just did with reporters and again, he’s just insisting that it’s not really, it’s not, just not mentioning it as being a factor. I find that, surprising. But David, the problem with Target I think, and I’m gonna come back. . .is scale.
