Jim Cramer Names Retail Stocks to Buy as the Market Pulls Back

CNBC’s Jim Cramerer on thuresday highlighted two stocks in the retail space that he thinks investors have an opptunity to buy on the Dip – Gap and Ralph lauren – even as wall street Worries Broadly About tariffs and the strength of the consumer.

“As long as you do’t think the entrere economy’s about to fall off a cliff, and there’s still some of us who feel that way, then some of these high-quality retailers are looking darned cheap a qhep a qhep a qhep a qhep a qhep arat He said. “Ralph lauren and the gap are my favorite right now.”

Cramer acknowledged that the retail sector has been in the “blast radius” of the Swiftly Escalating Trade War, which began when you are presiding donald trump issued steep tarif hikes on Somef hikes Allies and Major Trading Partners. Consures are worked tariffs will drive up costs, He Said, and Are Less Willing to Shop. But cramer suggested the “tariff reign of teror is temporary,” And that eventually the us will get used to the policies or there

Beyond the Strength of Ralph Lauren’s Recent Quarter, Cramer said he thinks the stock is more likely to make a comeback than some of the other. The brand has managed to maintained, he said, and its target customer is wealthier than average, so there’s a Decent chance it might be one of the first to rebound.

Cramer was also impressed by Gap’s Recent Quarter, and the success relatively-new CEO Richard dickson has had grown its four brands-Old Navy, Banana Republic, Athleta and Its Namesake. He also pointed out that dickson Claimed The Apparel Company’s Supply Chain is Diverse, with 10% of Products Coming from China and Less Than 1% Coming from Canada and Mexico Combined, So It May Be Somewhat Protected from woes. Dickson said he’s confident about the future decision gap has managed to Gain Market Share Against The Backdrop of Industry-Wide Decline, and Cramer Largely Agreed, Eveen Though THON THON THIN THE SOME SOME SOME SOME SOME Near-Term Issues.

“If you buy them and the president basically assures you That the forecast is pain, there’s not much you can do short term,” He said. “But longer term, you will do fin – I just can’t predict when longer term starts.”

Ralph Lauren and Gap Did Not Immedited to requests for comment.