Thursday, April 16, 2020

Cramer: Giving it to us Straight

CNBC analysts often present negative opinions, but I especially like Jim Cramer, who doesn't hesitate to give us his personal take as an investor and as a consumer.

Jim Cramer (middle): "No! I call Amazon."
This morning, Cramer on Walgreens (negative):
I don’t want to go to Walgreens because I don’t like Walgreens. Why do I have to go to Walgreens? Everything comes to my house now.

I go to Walgreens, I look at all the things that I don’t want. I’m in there for the Edge shaving cream. I gotta unlock something in order to get the blades and call the person over. No! I call Amazon.

Have you ever been to a drugstore? You know that everything’s under plastic now. You gotta say, “Hey!” There’s nobody there. “Help me, help me, I want to buy blades for $48 with plastic that’s going to end up in the Pacific.” No, thank you.
Cramer on Costco (positive):
So Costco increased its dividend last night 7% . Really big increase. You go to Costco, they now have physical separation. They have a line, there’s a race track you have to go. Costco’s got the lowest prices. But I feel great about that. I feel great because in the absence of the blood testing at least I know that Costco has got everything under control for me. It’s not fearful.

When I go into a little store I worry that there's too many people close to me. Now I'm sure there's people out west who say, “Cramer why don’t you wear a rubber suit?”

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