Cramer: Top Picks for a Home Furnishings Bull Market
There's a home furnishings bull market going on, and Mad Money's Jim Cramer said on Thursday's Stop Trading! that he's on a decorating binge like a lot of other consumers.
In particular in the home furnishings sector, Cramer said he likes
"They've outlined a very long-term plan and it looks like Pier 1, which a lot of people thought was on the ropes, even as recently as two-and-a-half years ago, is flush with cash, buying back shares," Cramer said. "I am incredibly impressed with this outfit and what they've been able to do."
Cramer said he also likes TJX Companies home goods division.
"I happen to think Bed, Bath and Beyondfits into this same new home furnishings bull market," he said.
Another retailer that Cramer said he likes that is not necessarily in the home furnishings category is Costco.
"They are fabulous operators," he said.
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