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Jim Cramer reveals the only retail stocks worth investing in
AmazonAmazon(US:AMZN) Finbold·2024-08-07 13:44

After the banking giant Barclays announced it is downgrading the entire retail sector to ‘neutral’ due to it not seeing much gross margin and, by extension, stock market growth potential within it, Jim Cramer had only a very succinct reaction to offer. Indeed, the energetic ‘Mad Money’ host and former hedge fund manager seemingly concurred with Barclays’ assessment as, in an X post, he merely stated that there are only three retailers worth investing in in the summer of 2024: Amazon (NASDAQ: AMZN), Walmart ...