Jim Cramer Discusses Big Potential Catalyst For Dollar Tree (DLTR)'s Shares

We recently published 8 Stocks Jim Cramer Discussed & Mentioned An Important Quantum Computing Development. Dollar Tree, Inc. (NASDAQ:DLTR) is one of the stocks Jim Cramer discussed.

The day marked nearly a month after Cramer had previously discussed discount retailer Dollar Tree, Inc. (NASDAQ:DLTR)’s shares. In this appearance, he commented on a Goldman Sachs note which had downgraded the shares to Sell from Buy, as it cited concerns about lower-income consumers and other discount retailers such as Ollie’s:

“A rare downgrade to Sell by Goldman. Talking about lower income concerns. Basically saying that, lower income people aren’t even buying. . .now Dollar Tree is very inexpensive, but they have raised the prices. You know they have a lot of 3 to 5 stuff, 35 dollars. But they also rely, and this is really important, it’s an empirical analysis, it’s an outfit called 100x that I use. Mission based data. What they do is they ask for customer intent. Customer intent is not in favor of Dollar Tree right now. So,  I thought it was a compelling sell, to be honest. . .the Dollar Trees, these places, when you go to them, it’s no longer a dollar. In the candy aisle, yes, I mean you get the Smarties for a dollar. . .it’s not like the old days, and tariffs did them in.

“Well look, I just think that everybody’s got to recognize, Mr. President hold your ears, but, if Justice Roberts sides with the, let’s get rid of the tariffs, then there are companies, I could give you, I just mentioned Dollar Tree, Dollar Tree goes up 15% the moment that Chief Justice Roberts strikes it down, if he does.”

While we acknowledge the potential of DLTR 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.