<< Read Full Article

Cramer's 'Mad Money' Follow-Up: Grocers

Stock quotes in this article: WFMI , KR , HON , WMT , UPS , TNH , ORCL  

On his "Mad Money" TV show on Wednesday, Jim Cramer recommended grocery store Kroger(KR Quote) over rival Whole Foods(WFMI Quote), citing Kroger's history of taking market share, increasing margins and maintaining low prices, keeping it in competition with retailers such as Wal-Mart(WMT Quote).

But Whole Foods, Cramer said, has been on a downward slope for years, until its rally of the past few weeks, vs. Kroger's recent decline.

Cramer advised taking profits in Whole Foods and buying Kroger, but he said it was up to viewers to decide for themselves.

On Thursday, Kroger closed up 34 cents, or 1.6%, at $21.68, and Whole Foods closed up $1.40, or 8%, at $18.88. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.68 1,109.24 2,185.03 33.23
Oil *
77.73
DOWN
18.90
UP
0.38
UP
9.22
UP
0.48
10 Yr
3.32%
SPDR Gold
119.18
-0.18%
+0.03%
+0.42%
+1.47%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services