3 Stocks I Saw on TV
Jim Cramer liked the look of Big Lots' ( BIG) chart on his Mad Money" show Tuesday night. On Wednesday, shares of Big Lots closed higher, up $2.61, or 17.95% to $17.15. Cramer compared the discounter during his "Off the Charts" segment with rival Family Dollar ( FDO) as to which one is a better bet in our slowing economy.
Although Cramer prefers Big Lots, he also said Family Dollar was a strong play. Shares of Family Dollar closed higher too, up 80 cents, or 3% to $27.27. Dan Fitzpatrick, RealMoney.com contributor, publishes a free newsletter that features the "Off the Charts" stocks that Cramer discusses on "Mad Money." Below, Fitzpatrick talks about Big Lots in a video that appeared on TheStreet.com Wednesday morning.