Watch Ross Stores, Inc. (ROST) For Value, Says Jim Cramer

We recently published 8 Stocks Jim Cramer Discussed As He Dismissed Value Stocks. Ross Stores, Inc. (NASDAQ:ROST) is one of the stocks Jim Cramer recently discussed.

Ross Stores, Inc. (NASDAQ:ROST)’s stock has not, unlike its peers, benefited from growing spending at off-price retailers as Americans grow tired of consistent inflation. Its shares have lost 1.2% year-to-date, primarily due to the firm’s exposure to tariffs. Ross Stores, Inc. (NASDAQ:ROST) aims to raise prices to check whether it can withstand the tariff pressures. However, the room for it to do so is limited, given the nature of the industry it operates in. Cramer discussed Ross Stores, Inc. (NASDAQ:ROST) in the context of evaluating the US economy:

“Look, if you want to watch value, watch the Ross Stores, watch the TJX. Those represent where people go and say you know what I’m still doing well.”

The CNBC TV host had previously discussed Ross Stores, Inc. (NASDAQ:ROST) in a similar context as well:

“I mean I would say that if you default to the companies that have reported in the last 24 hours, actually not a bad bunch to default to, what you find out is that what are the American people doing? Well the American people are shopping at Ollie’s, and at . . . Roth Stores. And that is a sign that the American people do not feel very secure. And that’s something that Home Depot said, they don’t feel very secure. That is going to keep projects on the sidelines and keep people from spending the way that they would like.”

While we acknowledge the potential of ROST 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.