Jim Cramer Looked At These 23 Stocks Recently

10. Dollar General Corporation (NYSE:DG)

Number of Hedge Fund Holders: 53

Talking about recession-resistant stocks, here’s what Cramer had to say about Dollar General Corporation (NYSE:DG):

“Dollar General is number three and it’s a stock that historically has done well on a slowdown.”

Dollar General (NYSE:DG) is a discount retailer offering a broad range of products, including everyday essentials, packaged foods, perishables, health and beauty items, pet supplies, seasonal goods, home products, and clothing for all ages. On March 13, Cramer discussed:

“Flip that over, Dollar Gen, there’s really nothing really great and people decide well that’s a good one. But that’s because they’re finally closing some stores that are underperforming… I’m always trying to figure out what’s better than feared versus what’s better. This morning Dollar General reported better than feared numbers. They’re still opening stores like mad. They’re going to close some underperformers. But the reason why I liked this one is because we all know that these stocks have been in a real slide. And a lot of them have been in a real slide because people say Walmart’s been taking it to them. I think this is, well wait a second, maybe that thesis is, is not as pertinent. Maybe wherever they have stores, where there’s no Walmart competition they’re doing a little better. At my Dollar General I go in, and there’s some real bargains and then there’s things that are so much more than a dollar. I get confused. But it’s where no other store is. So it’s, you know it’s kind of like it’s got the market to itself. They opened well, but they choose real estate well they do well. And I felt that they’re putting up willy, nilly. And I think they’re doing much more targeted. I like it.”