“While most retail stocks are horrible right now … the companies that own the best retail real estate are doing just fine,” Jim Cramer said.
At the same time, economists and investors worry that the Federal Reserve's aggressive campaign to raise interest rates and tamp down inflation could plunge the economy into a recession — which could further hurt consumer spending." host reminded investors that despite the hurdles facing retailers, the companies who act as their landlords have fared better, even as their stock price has fallen along with struggling retail names.
"Not many chains are in danger of going under, or even falling behind on their rent payments. We're not looking at mass store closures, either," he said. "As long as their tenants stay in business, they won't take much of a hit financially. To me, that looks like an opportunity," he added.at no cost to help you build long-term wealth and invest smarter.Disclaimer
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