Shopping center landlords don't have to worry about off-price retailers going under the next time we have a recession, the 'Mad Money' host says.
TJX has told investors it has its eyes set on growing from 4,400 to 6,100 locations in the long run. Ross, with less than 1,800 stores, has ambitions of reaching 3,000, and Burlington wants to add 300 more to its roughly 700 locations.compete alongside the online-shopping experience"Of course, the off-price chains work when times are good, too. This is a fabulous economy for the consumer, and all three of these stocks are on fire," Cramer said.
With TJX shares trading for 21 times earnings, Ross going for 22 times earnings and Burlington at 24 times, Cramer suggested that investors add these stocks to their shopping lists.Each of the companies is scheduled to report quarterly earnings in coming weeks.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Tracee Ellis Ross Just Shared All Her Favorite Products For Flawless Skin At 47'Some people spend time putting on makeup. I spend time hydrating my skin.'
Baca lebih lajut »
Tracee Ellis Ross' Butt Looks So Toned In A New Workout Instagram VideoTracee Ellis Ross just posted a super sweaty butt workout video on Instagram, saying she hasn't exercised regularly in two months. She still looks crazy fit.
Baca lebih lajut »
Cowboys' Daniel Ross Arrested On Weed and Gun Charges, Mug Shot ReleasedDallas Cowboys defensive lineman Daniel Ross was arrested in Frisco, TX.
Baca lebih lajut »
Jim Cramer: Time to do some strategic selling after a big run in the marketThe 'Mad Money' host says the market rally creates an opportunity to make profits that can be deployed in a pullback later on.
Baca lebih lajut »
Chemical mixture at Buffalo Wild Wings kills 1 employeeA Buffalo Wild Wings employee in suburban Boston has died and at least 10 others hospitalized following a chemical incident believed to be caused by a cleaning agent, police say.
Baca lebih lajut »