CNBC's Jim Cramer on Monday said investors should look into retailers that are able to perform well in the face of continued inflation.
He mentioned Walmart, Costco and Amazon as the only companies able to keep up with consumers' needs in an inflated economy.on Monday said in the face of traditional retail's"unrelenting crunch," investors should look into retailers that are able to perform well in the face of continued inflation. "I wish I could tell you to buy the beaten down retailers, but the one thing I know is that buying best of breed is the way to go, and at this stage in the retail world, there are only three best of breed general merchants, and they are Walmart, Costco and Amazon," Cramer said.
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