Jim Cramer Says TJX Is 'Terrific,' Recommends Buying These Stocks

Comments
Loading...

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Uber Technologies, Inc. UBER is a buy.

As per the recent news, Alphabet Inc GOOG GOOGL subsidiary Waymo and Uber Technologies, partnered on March 4 to launch fully autonomous rides in Austin, Texas.

The TJX Companies, Inc. TJX is “terrific,” Cramer said.

On the earnings front, TJX Companies reported better-than-expected fourth-quarter financial results on Feb. 26. The company’s fourth-quarter FY25 sales remained flat year-on-year to $16.4 billion, beating the analyst consensus estimate of $16.20 billion. Adjusted EPS of $1.23 beat the consensus estimate of $1.16.

“I am particularly pleased that our overall comp store sales growth of 5% for the quarter was due to strong increases in comp sales and customer transactions at every division. Throughout the year, we offered our wide range of customers compelling values on good, better, and best brands and on-point fashions, and an exciting treasure-hunt shopping experience," said Ernie Herrman, TJX president and CEO .

The Mad Money host also recommended Steel Dynamics, Inc. STLD.

On March 17, Steel Dynamics issued guidance for the first quarter, seeing earnings of $1.26 to $1.40 per share, versus estimates of $1.20 per share. JP Morgan analyst Bill Peterson maintained Steel Dynamics with a Neutral rating and raised the price target from $132 to $140 on March 11.

Price Action:

  • Uber shares fell 1.6% to settle at $71.55 on Tuesday.
  • TJX shares rose 0.7% to close at $115.26 during the session.
  • Steel Dynamics shares gained 1.7% to settle at $127.09.

Read Next:

Photo: Shutterstock

GOOG Logo
GOOGAlphabet Inc
$163.280.37%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum70.03
Growth62.85
Quality85.55
Value51.10
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In: