NEW YORK (TheStreet) -- Walmart Stores (WMT) - Get Report stock has dropped just 0.74% since the U.K. decided last week to exit the European Union, which sent the Dow down 3.75% in the same period. TheStreet's Jim Cramer noted that the retail giant's stock is one of the few large cap stocks holding up very well on the Dow despite the recent market rout.
"Walmart hanging in there like this even though people feel like there's going to be margin compression because they are in price wars with Amazon (AMZN)," Cramer said on CNBC's "Squawk on the Street" on Tuesday morning.
"Walmart has been cutting prices, being more competitive against Amazon on the whole basket," Cramer added.
Cramer explained that better performance from Walmart and discount retailers, such as Dollar Tree (DLTR) and Dollar General (DG), show that the domestic consumer may be under pressure.
"This is about stress on the worker in our country," he observed. "I urge people to look at that stock because what it says is, wow, the consumer is not doing that well."
Shares of Walmart are up 0.07% to $71.55 in mid-morning trading today.
Separately, Walmart Stores has a "buy" rating and a letter grade of B at TheStreet Ratings because of the company's revenue growth, good cash flow from operations and notable return on equity.
You can view the full analysis from the report here: WMT
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.