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Jim Cramer Says He Wouldn’t Bet Against Dollar Stores Like Dollar Tree
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Dollar Tree, Inc. (NASDAQ:DLTR) made our Mad Money recap, as Jim Cramer shared his take on the stock and highlighted resilient consumer spending despite the Iran conflict. Cramer showed bullish sentiment toward the stock despite it being off its “game,” as he said: The dollar stores, Dollar General, and Dollar Tree, they seem off their game right now. I wouldn’t bet against them, though. They always seem to pull a bull out of a hat. A stock market graph. Photo by energepic.com Dollar Tree, Inc. (NASDAQ:DLTR) sells everyday essentials, household items, toys, and seasonal products at low prices. The company focuses on providing affordable food, personal care, home goods, and holiday merchandise. Cramer mentioned the stock during the March 19 episode and said: This whole group has rallied like crazy since the post-Liberation Day lows last April. Initially, everyone thought these companies would be crushed by the tariffs because they relied heavily on cheap imports, but then most of these tariffs got rolled back, allowing the dollar stores to rebound. Lately, though, the dollar stores have pulled back hard. Dollar General’s down nearly 15% since it reported last Thursday morning. Dollar Tree had already started coming off its highs in January and February. When it reported Monday, the stock rallied 6.4%, but since then, it’s given back all of its post-quarter gains. Both Dollar General and Dollar Tree reported solid results, but… somewhat disappointing guidance. While we acknowledge the potential of DLTR 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: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.