Kohl's Corporation (KSS) Got A Free Ride With Tariffs, Says Jim Cramer

We recently published 11 Fresh Stocks On Jim Cramer’s Radar. Kohl’s Corporation (NYSE:KSS) is one of the stocks Jim Cramer recently discussed.

Kohl’s Corporation (NYSE:KSS)’s stock is up by a modest 9.3% year-to-date after having struggled through several dips and gains. The shares lost a massive 33% in March after the firm’s same-store sales dropped by 6.7% to outpace analyst estimates of a 6.2% drop. However, the stock surged later in the year due to the meme stock buying frenzy. More recently, Kohl’s Corporation (NYSE:KSS)’s shares jumped by a massive 24% after the firm’s $0.56 in EPS and $3.35 billion in revenue beat analyst estimates of $0.29 and $3.32 billion. Cramer remarked that Kohl’s Corporation (NYSE:KSS) got a free ride when it came to the impact of tariffs on its business:

“People perceive them as not having a, of eating some, but not all of the tariffs. Now everybody else had the same thing, but somehow they got hit with that idea and I thought it wasn’t right. Whereas Kohl’s, got, the free ride. The free ride.”

Previously, Cramer commented that Kohl’s Corporation (NYSE:KSS) was a short squeeze:

“Kohl’s, I don’t know, I mean this is one, you can say, clock is right twice a day, but I will tell you, they did say, they saw resilience with customers. Does have a new CEO. I’ve seen a lot of good things happening, but I don’t want to jump all over it because in the end it is brick and mortar, I’d rather be in TJX.

“Kohl’s is just a short squeeze. I think there are a lot of people that felt that Kohl’s, there was talk that they were having problems with vendors.”

While we acknowledge the potential of KSS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.