Jim Cramer Calls TJX 'a Buy' as an 'Inventory Play,' Says Walmart Seems 'Cheap' - TJX Companies (NYSE:TJX

Jim Cramer framed TJX Companies as an “inventory play,” arguing the off-price retailer benefits when traditional department stores carry excess stock. He said TJX tends to rise when older retailers have large inventories, while he contrasted that environment with Walmart’s near-term pressure. The commentary said Walmart shares fell about 4% early on Wednesday after traders reacted to slower domestic comparable sales growth and to efforts to reduce elevated inventory levels through price cuts and promotional markdowns. The stock was also described as having slipped into oversold territory, even as Cramer labeled it attractive from a value perspective. For 2026, TJX was down 1.47% year-to-date and traded at $151.35 at Wednesday’s close, while Walmart closed at $108.82 after a 3.92% drop, according to the article.