10 Stocks on Jim Cramer’s Radar

4. The Kroger Co. (NYSE:KR)

Number of Hedge Fund Holders: 60

A caller mentioned that The Kroger Co. (NYSE:KR) has cookies at its location and asked if it was a winning strategy or if it would backfire. This is what Cramer had to say:

“Well, see, unlike you… there are other people who buy those Girl Scout cookies responsibly and they may be holding back Kroger. I, I appreciate your ultimate enthusiasm, but I say that maybe you are a minority of one. So let’s stay away from Kroger right now and buy Costco.”

Kroger (NYSE:KR) is a retailer in the food and drug industry, offering various store formats such as food and drug combination stores, multi-department stores, marketplace locations, and price-impact warehouses. Contrary to the above statement, in September 2024, Cramer was bullish on the stock as he stated:

“Then there’s Kroger. I’ve been amazed at their ability to run a tight ship, even while fighting with the FTC to get the Albertsons merger done. Last week, Kroger reported a solid quarter, but with Albertsons still languishing, I think it puts a little pressure on the stock. That’s unfortunate because I like it very much.”