Jim Cramer Talked About These 17 Stocks After The Fed’s Rate Cut

9. Dollar General Corporation (NYSE:DG)

Number of Hedge Fund Holders In Q3 2024: 45

Dollar General Corporation (NYSE:DG) is another American mega discount retailer whose stock has been unable to catch a break in 2024. Throughout the year the firm has warned about dipping consumer spending that has harmed its ability to sell pricier high-margin products. The star of the show when it comes to disappointing stock performance was Dollar General Corporation (NYSE:DG)’s Q2 earnings release in August. The report saw it cut the 2024 same-store sales growth estimate to 1% to 1.6% from an earlier 2% to 2.7%. Coupled with a revenue and earnings miss, the Q2 report saw Dollar General Corporation (NYSE:DG)’s stock sink by 32% post-earnings. However, Cramer is a believer in the stock:

“Dollar Tree. I switched. I don’t know if anyone follows me on X. I switched to Dollar General.

“I think they have more selection and lower prices now. There’s too many things at Dollar Tree that are not a dollar. I mean at Dollar Gen I went up to the cash register and I said you can’t possibly have these milk duds for a dollar. [inaudible] listen, we don’t cheat! Our candy when we say it’s a dollar, it’s a dollar! So, and I’ve got to tell you, Dollar General, spotless. You could eat off the floor not that you want to do that.”