Tractor Supply Company (NASDAQ:TSCO) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. Noting that the stock is down over 50% from its high, a caller asked if they should start a position in it. Cramer replied:
You know… It's got a 3% yield… Here's what I was thinking about Tractor Supply. I just bought a really heavy Carhartt sweatshirt… I went to Amazon, it was really cheap. I like, couldn't believe it. I didn't have to go to Tractor Supply for it… I buy a lot of stuff from Tractor Supply.
People were moving during the COVID period… A lot of people went to the countryside. They started making their homes into like little farms and stuff. That move is over. People aren't doing that anymore. That's hurt Tractor Supply. Other than for takeover, and I don't recommend on takeover, I can't think of a reason to own Tractor Supply.
Photo by Adam Nowakowski on Unsplash
Tractor Supply Company (NASDAQ:TSCO) is a rural lifestyle retailer that provides livestock and pet products, farm and garden equipment, tools, seasonal goods, and clothing.
You know… It's got a 3% yield… Here's what I was thinking about Tractor Supply. I just bought a really heavy Carhartt sweatshirt… I went to Amazon, it was really cheap. I like, couldn't believe it. I didn't have to go to Tractor Supply for it… I buy a lot of stuff from Tractor Supply.
People were moving during the COVID period… A lot of people went to the countryside. They started making their homes into like little farms and stuff. That move is over. People aren't doing that anymore. That's hurt Tractor Supply. Other than for takeover, and I don't recommend on takeover, I can't think of a reason to own Tractor Supply.
Photo by Adam Nowakowski on Unsplash
Tractor Supply Company (NASDAQ:TSCO) is a rural lifestyle retailer that provides livestock and pet products, farm and garden equipment, tools, seasonal goods, and clothing.
1 month ago
