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We recently published a list of Jim Cramer’s Game Plan: 12 Stocks in Focus. In this article, we are going to take a look at where Macy’s, Inc. (NYSE:M) stands against other stocks that Jim Cramer discusses.
Macy’s, Inc. (NYSE:M) was mentioned during the episode, and here’s what Mad Money’s host had to say:
“Wednesday morning, well, let’s see, we got two retailers, DICK’S Sporting Goods with a stock that’s been crushed and it’s announced its plan to buy Foot Locker last week and Macy’s, the now chronically underperforming department store chain.”
A customer in a store trying on fashionable apparel and accessories for purchase.
Macy’s (NYSE:M) is a retailer that provides a broad selection of products, including apparel, accessories, beauty goods, and home décor, through its Macy’s, Bloomingdale’s, and bluemercury brands. Discussing how tariffs will impact companies that import items, Cramer mentioned the company and said in March:
“I have to imagine that Macy’s or a Kohl’s could get hung up on these things too… Of course, these stocks are part of the S&P 500. Right now, they’re considered heavy. There are so-called death crosses all over the place, a chartist term that means the stock’s gonna really roll over and hurt you.
Overall, M ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of M as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than M and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
