Jim Cramer Latest Stocks: 23 Stocks He Just Talked About

21. Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

Number of Hedge Fund Holders In Q3 2024: 32

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) was the third retailer that Cramer talked about during the show. The firm sells health aids, home products, toys, electronics, and others. As was the case with the other two retailers he discussed during his show, product differentiation was a key point behind his optimism for Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI). He added that the retailer’s “roadmap” was among the “clearest” among its peers. The roadmap Cramer is talking about is Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)’s multi-year expansion plan to increase its store and distribution footprint. In 2025, it expects to have a minimum of 56 new stores with 10% or higher unit growth. According to Cramer:

“Well I’ve been saying, I pushed Ollie’s really hard last week. Cause Ollie’s the biggest roadmap of all of these close out stores. I like TJX, that’s the king. But David, if you went with me to my Ollie’s, of course you’d have to be a sergeant, and I’d have to enlist you in the army, but Ollie’s you never know what you’re going to find there. Ever.”