Jim Cramer on Target: “I Am in a Wait-and-See Mode on This”

Target Corporation (NYSE:TGT) is one of the stocks Jim Cramer recently discussed. A caller who purchased TGT shares near its lows and is now facing losses amid the CEO transition and related uncertainty asked Cramer for his thoughts. He replied: “Well, the stock’s down 33%. Now, I am in a wait-and-see mode on this. Why? Because I want to know this new CEO. I want to know what he’s cut out. I don’t know whether he is the right guy or not. I say we have to wait and see before I would possibly advise you to ...