Dollar Tree, Inc. (NASDAQ:DLTR) is one of the stocks in Jim Cramer’s game plan for this week. Cramer discussed the stock in light of tariffs. He commented:
“There’s also, get this, a Dollar Tree meeting. Okay, now this stock has been under pressure too, largely because of tariffs. It was barely down today, which seems too positive given that our president’s threatening to put… these 100% tariffs on China. I think they will get hurt, and numbers have to come down, and they’ll do it at the meeting.”
Dollar Tree, Inc. (NASDAQ:DLTR) runs discount retail stores that sell everyday consumables, household items, and seasonal merchandise. The company’s products include food, personal care goods, toys, home decor, and party supplies. During the September 22 episode, Cramer called the stock a “buy,” as he remarked:
“After that, there’s Dollar Tree. Now that’s the only member of the consumer staples that I like from this list. I think Dollar Tree can win in this environment as a destination for lower-income consumers who are searching for value. I like that they finally spun off that weaker Family Dollar business. And with the stock selling for less than 15 times next year’s earnings with a 15% growth rate, again, that makes it a buy.”
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Disclosure: None. This article is originally published at Insider Monkey.