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Jim Cramer Says A Consumer Rebellion Is Coming, That Could Be Good News For These Dividend Stocks [Yahoo! Finance]
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Last walmart inc. earnings: 2/18 06:00 am
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Even as inflation finally seems to be cooling, there are signs that price fatigue is starting to hit consumers where it counts – in their wallets. As inflation rose, some companies were able to increase prices, while other consumer goods companies trimmed the size of their packages, a process known as shrinkflation CNBC's Jim Cramer believes that consumers are ready to fight back, and their spending habits could change the trajectories of quite a few stocks. "Consumers, at last, are finally saying no. They are pushing back, demanding bargains," said Cramer on a recent episode of Mad Money. Cramer's point of view is that some of the hotel and travel stocks may have tough times ahead, calling recent earnings "signposts of a rebellion" that is emerging in consumer behavior. He called out the recent disappointing theme park traffic from Comcast (NASDAQ: CMCSA ) as another sign that people are no longer spending like they did in 2022. Don't Miss: With returns as high as 300%, it's n
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