Jim Cramer on Target Stock: “You Can Hold It”

Syeda Seirut Javed

Mon, Jun 30, 2025, 11:01 AM 1 min read

Target Corporation (NYSE:TGT) is one of the 11 stocks that Jim Cramer recently commented on. When a caller asked about the stock, Cramer replied:

“Right now, remember, we don’t care… in this show, we don’t care where a stock is going… We don’t care where it’s come from, we care where it’s going. And I’ve gotta tell you, this stock, obviously, everybody’s got, almost every single person in the country has a loss in this thing right now. So that doesn’t matter. It yields 4.6. I happen to think that… ever since it [has] gotten to the high 4s when it came to the yield, it stopped going down. I think it will continue to be the case because they do have an excellent balance sheet. So I’m going to say you can hold it. I’m not going to tell you to buy it.”

A woman purchasing groceries at a Target store, with a cart full of products.

Target (NYSE:TGT) is a retail company that provides a broad selection of merchandise, including apparel, beauty products, groceries, electronics, and home furnishings. The company also offers personal care items, baby essentials, pet supplies, and general household goods.

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Disclosure: None.