Jim Cramer Discusses These 14 Stocks & Zero Day Options

2. The TJX Companies, Inc. (NYSE:TJX)

Number of Hedge Fund Holders In Q4 2024: 74

The TJX Companies, Inc. (NYSE:TJX) is an American off-price retailer that has thrived in the current inflationary environment. Its shares are up by 25% over the past year as the firm has performed well on the earnings front. The TJX Companies, Inc. (NYSE:TJX)’s fourth-quarter results saw it grow profit-per-share by 10% to beat analyst estimates of 1.16. The firm’s $16.35 billion in revenue beat $16.20 estimates and helped it hedge against weaker guidance. Here is what Cramer said about The TJX Companies, Inc. (NYSE:TJX):

“But I’m gonna talk about a place that David and I like, TJX. I want to show you something, this belt is fourteen bucks, I had a . . . belt for two hundred bucks, it broke. I didn’t want to come here without a belt, sans belt, so I went next door, I got one for fourteen, people say, well it’s nice. . .That’s why that stock is up big, and that’s why the comp stores were up five. I was looking for plus three.

“Now they always lowball the forecast and they did it again.”

“TJX, people are taking I think the, the prediction of negative comps seriously. They shouldn’t. Because this is an old game of having a very low prediction.”