Jim Cramer on Millennial Investing, Five Below and the Trade War

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Is it Friday yet?

Jim Cramer has some thoughts on how millennials invest, Slack's  (WORK ) - Get Slack Technologies, Inc. Class A Reportearnings, why he likes Five Below  (FIVE ) - Get Five Below, Inc. Reportand how retailers can win the trade war.

Slack Me

Slack posted earnings after the bell Wednesday, Dec. 4.

The messaging company reported a third-quarter net loss of 2 cents per share on revenue of $168.73 million, a nearly 60% increase year over year. Analysts were expecting a loss of 8 cents per share on revenue of $156.02 million.

Fourth-quarter guidance was slightly off, however, with the company expecting to lose between 6 cents and 7 cents per share. Wall Street is expecting a loss of 6 cents per share.

And, yet, post-earnings, the stock was highly volatile.

However, Slack showed Cramer that millennials who invest are doing something right.

Why Are We Talking Five Below and Dollar Tree?

Cramer penned a Real Money column focusing on Five Below and Dollar Tree (DLTR) - Get Report Thursday morning.

"We've got a winner and new champion when it comes to tariffs and mitigation: Five Below. The clever, rapidly expanding Philadelphia novelty store blew the numbers away and talked about how its price increases MORE than mitigated current and future tariffs with China," wrote Cramer.

"...Who is at the mercy of tariffs? That's clearly Dollar Tree, hence the chaos on its conference call. Do you know that Five Below has a number of $5.50 products now with no push back from consumers? At the same time, it is opening a Ten Below store -- and that, too, seems to be a positive test. Another leg of what was a one-legged stool," he continued.

Cramer's got some thoughts on how investors can tell when a retailer has the ability to win despite the looming Dec. 15 tariffs.

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