Discount Retailers Worth Looking at in Weak Economy - Jim Cramer

Sign Up | Log In | What is SocialPicks?

Discount Retailers Worth Looking at in Weak Economy
Jul 08, 2008 04:02 PM UTC

Jim Cramer

Return	Risk
-18.74%	MID

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
COST	n/a
TJX	n/a
FDO	n/a

7/2 - "Commenting on the retail sector, Cramer said it was "horrible," and that he has been telling investors to look at discount retailers Costco (COST - Cramer's Take - Stockpickr), TJX Companies (TJX - Cramer's Take - Stockpickr) and Family Dollar (FDO - Cramer's Take - Stockpickr). He said that "we're in bad shape in the country right now," and stocks are reflecting this reality."

Read the rest of original post »

Comments (1)

Add Comment

mathmeister

35%

1 point commented 478 days ago reply

Both COST and FDO look interesting from a technical perspective. I would be a buyer of COST on a test of support near $60. For FDO, a breakout above current resistance on heavy volume would be a buy signal.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.