Jim Cramer Praises Target for a Strong Quarter and a Successful CEO Transition

Target Corporation (NYSE:TGT) is one of the stocks on Jim Cramer’s radar. Cramer mentioned the company during the episode and said:

The only thing green of any note beyond the oil, Target, and Best Buy, two once-loved retailers that have provided nothing but worries and headaches about their dividends of late, they both reported strong quarters, and now their stocks are flying… Remember what I care about. I don’t want you acting on a US TKO of Iran. I don’t want you to think that everyone’s out of missiles except the bad guys. I want you to be thinking that these are companies you’re investing in, not trading cards you’re shuffling. And if you want to get metaphorical, what retailer would you short coming into the session, given the spike in oil? Probably the one that’s most hobbled. I bet you would have shorted Target. Yet Target was one of today’s biggest winners, up six and three-quarters percent, welcoming a new CEO.

Target Corporation (NYSE:TGT) is a retailer that sells clothing, beauty items, groceries, electronics, home goods, and everyday essentials.

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