The Kroger Co. (KR) “Had A Very Good Number,” Says Jim Cramer
Group 1 - Jim Cramer has expressed a favorable view of The Kroger Co. (NYSE:KR) due to its ability to maintain low prices for consumers [2] - Following the second-quarter earnings report, Kroger raised its full-year profit per share guidance to $4.7 from $4.6 and increased its same-store sales growth guidance to a range of 2.7% to 3.4% from the previous 2.25% to 3.25% [2] - Cramer highlighted the importance of brick-and-mortar companies like Kroger in the food business, contrasting them with the growing influence of Amazon [3] Group 2 - The article suggests that while Kroger is a potential investment, there are AI stocks that may offer higher returns with limited downside risk [3]