Jim Cramer names winning stocks for a more frugal consumer

CNBC's Jim Cramer on Wednesday said more consumers are on the hunt for bargains, picking out several high-performing retail stocks to support his thesis.

"Let's suspend the notion that the consumer's totally strapped for cash, that's wrong," he said."The bottom line is the consumer's finally pushing back and demanding better prices — we're no longer willing to be cowed into paying more than what something seems to be worth, which bodes very poorly for those stores that have yet to roll back their prices.

Some on Wall Street say consumers are"overstretched, strapped, sapped," according to Cramer, but he suggested they could instead be"just fed up with paying higher prices for so many things for so long," and have become more frugal., and he pointed out that the latter's low-cost signature brands are especially appealing. He suggested that people view those companies' offerings as better deals than dollar stores, adding that.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Jim Cramer's top 10 things to watch in the stock market WednesdayThe S&P 500 and Nasdaq are seeking another positive day after snapping three-session losing streaks Tuesday.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market WednesdayStocks jumped after the May consumer price index came in cooler than Wall Street expected.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street was poised to build off Tuesday's modest gains.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market WednesdayStock futures slipped Wednesday as U.S. Treasury yields advanced for a second consecutive day.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer names packaged food stocks likely to do well in a slower economyCNBC’s Jim Cramer pinpointed Campbell Soup and J.M. Smucker, along with Tyson Foods, Hormel, General Mills, Conagra and Kellanova.
Herkunft: NBCDFW - 🏆 288. / 63 Weiterlesen »

Jim Cramer names packaged food stocks likely to do well in a slower economyCNBC’s Jim Cramer pinpointed Campbell Soup and J.M. Smucker, along with Tyson Foods, Hormel, General Mills, Conagra and Kellanova.
Herkunft: nbcsandiego - 🏆 524. / 51 Weiterlesen »