Jim Cramer on Walmart

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All quotes by Jim Cramer on Walmart

If I'm the chief technology officer of any supplier, I'm going to green-light shifting away from Amazon Web Services to the ultra-competitive Microsoft Azure or Google Web Services. That way, my CEO can go to Wal-Mart's headquarters and say, Hey, we know the score. We're not trading with the enemy anymore.feedback

That's why its stock's been among the best performers in the market. The company, under CEO Doug McMillon, has made so many improvements and it's going to leverage its huge store base to try to defeat Amazon. If I'm right, there's no way this stock will stay this low.feedback

We want companies in retail to get to better numbers via innovation, excitement, experiential, game-changing acquisitions. But other than Wal-Mart and Amazon, there really aren't that many that fill that bill. That's why I remain concerned longer term about retail. You're getting a good trade here, but I think, because of Amazon, that's all it is: a trade, not an investment.feedback

I like the fact that the despot, Home Depot, which I believe is having a good quarter, is ramping. I didn't see much on Amazon Prime to steal any of that great retailer's thunder, or customers for that matter. Same with Wal-Mart, which I think didn't deserve to sell down that hard and represents some pretty good value here.feedback

Believe me, there's nothing theoretical about what Amazon's about to do to these industries. It's now a reality for everyone from Costco to CVS to Wal-Mart and Target and the pain? It hasn't even begun yet.feedback

This is like when Wal-Mart destroyed all the mom and pop stores. Wal-Mart became the biggest grocer in the country. ... I don't know how Wal-Mart can come back other than a bid much higher for Whole Foods. Wal-Mart needs this bad.feedback

I cannot believe they sold this thing for this little money. It makes the most money per square foot of any retailer in America.feedback

Wal-Mart was the great destroyer of retail, the great disruptor, laying waste to mom and pop stores all over the country by offering more products and undercutting them on price. As long as he's got the backing of the family, he can afford to take some short-term hits in order to grow the company's e-commerce presence. That's a real rarity in this game. At most publicly traded companies, the shareholders tend to rebel when management starts promising near-term pain. And you better believe that declaring war on Amazon is painful.feedback

Here's the bottom line: if you like owning high-flying fast growing tech stocks, Amazon's great. OK? It's for you. However, if you want more of a value play, I think Wal-Mart has done an incredible job of expanding online. They're not going to take the lead in e-commerce anytime soon, but for the first time in ages, this business is actually a two-horse race.feedback

The idea behind Jet is that they can offer customers tremendous bargains by giving you extra discounts if you order merchandise from the same distribution centers. Plus, the deal gave Wal-Mart access to a new cohort of wealthy, young, urban shoppers who might not otherwise be Wal-Mart shoppers. Wal-Mart's grocery business is going strong, and once they get you in the door to buy that food, you might make impulse purchases – or if you know you're going there, you can order stuff online, then pick it up in the store [to] save on shipping. Fresh food is Amazon's Achilles heel, people.feedback

They need a brick-and-mortar component perhaps to compete with Wal-Mart on food.feedback

I think it's too early to tell, of course, if they'll win, but the stock, after languishing for ages, has become a big winner, up almost 10 percent for the year. Wal-Mart, in the end, is a bargain store, and what really matters is that bargain stores are working in this environment.feedback

He's looking at great franchises: Wal-Mart, Coca-Cola, ... Citigroup, riding them high. I'm with him because I, like Sarge, struggle to relate any of these political stories – whether it be Comey or Trump or Russian influence into the election – to the actual market.feedback

This year, though, because Apple and Samsung both have new, hot smartphones, the cellphone oriented chipmakers have gotten their mojo back, and that means AMD's stock has more competition. Unlike Coke, unlike McDonald's, unlike Wal-Mart, the fact that IBM's turn hasn't happened yet since [CEO Ginny] Rometty took over in 2012, makes me feel that if they don't get it right this year, then maybe the shareholder base, perhaps even largest shareholder Warren Buffett, will demand to bring in a new leader who can finally get the job done.feedback

The bottom line: I say turnarounds take time. You need to be patient, so I say hold onto your IBM, because they can still get it right. That said, unlike Coke, unlike McDonald's, unlike Wal-Mart, the fact that IBM's turn hasn't happened yet since [CEO Ginny] Rometty took over in 2012, makes me feel that if they don't get it right this year, then maybe the shareholder base, perhaps even largest shareholder Warren Buffett, will demand to bring in a new leader who can finally get the job done.feedback

I could actually see Wal-Mart inching toward its old high of $90, up from $73 here, because of better management and superior pricing. Now, it would be a lengthy, multi-year journey, but I have to tell you, with Wal-Mart, you've had a bit of a sell-off. I think you've got to do some buying.feedback

The fact that Kohl's isn't dependent on the mall – instead, the stores are generally located in the kind of retail hubs that can still generate traffic – that's a giant positive. It wouldn't shock me if Kohl's can actually turn itself around, and in the meantime the company's paying you a handsome 5.5% yield to wait.feedback

I don't want to fool ourselves here. It's just too hard to offset the Amazon effect there, which is why I'd prefer to go with non-mall based plays like Wal-Mart, Kohl's, the outstanding Burlington Stores, or TJX, all of which could be winners for the patient among you.feedback

I was on the Wal-Mart call and Home Depot call ... and these quarters are so much better than expected that you may find out you're not paying as much. I think that's a key. Because if you listen to the commentary of these companies, you would say, You know what, it's a different game. Remember, Wal-Mart and Home Depot ? these are huge. Macy's wasn't even that bad.feedback

You could argue that all of these companies were overvalued on past earnings and they turned out to be even more overvalued on future earnings. The question to ask isn't how did this current group of behemoths get so expensive. It's how did they get so cheap.feedback

Macy's is the third-largest online seller in its categories after Amazon and Wal-Mart, but that doesn't pay the rent.feedback

But nothing for real, because we still haven't heard from a lot of the companies – We don't know what IBM is doing. We don't know how Wal-Mart is doing. Remember, in five weeks, we will know.feedback

I think people say that it's overdone. Remember, there's always the wise guys who say, Now it's on the front page, so I've got to sell it.' I think it brings out some sellers.feedback

Anything that is put out today will have a negative spin to it, but the fact is that this is the kind of change you wanted to see. The idea of cutting underperforming stores is not in Wal-Mart's DNA. Every store performs in the old Wal-Mart. This is a very realistic approach.feedback

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Quotes by Jim Cramer on Walmart

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