Jim Cramer Says Retailers Like Walmart Would “Do Well If You Think That We’re Headed Toward a Slowdown Because of Oil Prices”
Walmart Inc. (NASDAQ:WMT) made our Mad Money recap, as Jim Cramer shared his take on the stock and highlighted resilient consumer spending despite the Iran conflict. Cramer mentioned the stock during the episode and commented: There are bargains to be had all over retail, and they just don’t look like it. Walmart, okay, its stock’s up 8% year to date. Costco, up 12% year to date. Both have high price-to-earnings multiples. I get that, but they’d do well if you think that we’re headed toward a slowdown bec ...