Despite continued risk from the spread of the delta variant of the coronavirus, Jim Cramer still expects a strong showing from the back-to-school shopping season.
"Shopping is back and back big, even with this [delta]," Cramer told Action Alerts PLUS senior analyst Jeff Marks.
During a recent episode of TheStreet Live, Jim Cramer outlined the four stocks he sees as benefitting from consumers heading to the stores loaded up with the child tax credit:
- Simon Property Group
- American Eagle Outfitters
- Levi Strauss
- Dick's Sporting Goods
American Eagle Outfitters is a holding in Jim Cramer's Action Alerts PLUS charitable portfolio.