Jim Cramer Notes TJX Stock Drops Despite Strong Quarter

The TJX Companies, Inc. (NYSE:TJX) is one of the 14 stocks on Jim Cramer’s radar. During the episode, Cramer made the following comments about The TJX Companies, Inc. (NYSE:TJX):

“And look, this is not isolated to tech. In retail, we had terrific names that reported great quarters, Costco and TJX, but then they failed to go up. Wow. They went down… It’s all rotation from companies that are excellent to ones with stocks that got too cheap. We’ll be safe if the market returns to Costco and TJX.”

The TJX Companies, Inc. (NYSE:TJX) is a retailer specializing in off-price apparel and home fashions. The company provides a wide range of products, including clothing, footwear, accessories, furniture, home décor, and gourmet items. On May 23, Cramer called it the “most undervalued” stock in the Charitable Trust’s portfolio, as he remarked:

“TJX might be the most undervalued stock in our entire portfolio. Why? Because it had the huge sell-off. We now wait a couple days. It’s probably going to rally.”

While we acknowledge the potential of TJX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.