Cramer identifies 'cracks' he sees in the market

, the parent company of TJ Maxx and Marshalls. When TJX does well, Cramer said, it may mean that many other retailers are struggling because the company takes unwanted or excess inventory from other companies and sells it at a discount. He also noted theCramer pinpointed cracks he sees in the auto industry with three leading companies potentially facing a strike.

"The unions have a strike fund, which lasts a heck of a lot shorter than the pots of gold the auto companies have saved," Cramer said. "But the auto companies have been pumping out as much product as possible in case we do have a strike, which means they're going to get hurt either way."

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Jim Cramer laments rising interest rates, says market won't advance if they keep climbingCNBC’s Jim Cramer on Tuesday bemoaned rising bond yields and interest rates.
Источник: nbcsandiego - 🏆 524. / 51 Прочитайте больше »

Jim Cramer's top 10 things to watch in the stock market TuesdayArm Holdings' initial public offering pricing is expected in a range of $47 to $51 per share.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Here are 19 stocks Jim Cramer is watching, including Chipotle, LULU and AirbnbHere are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter’s notebook.
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »