Reported 2 days ago
Jim Cramer expressed his views on Wayfair Inc., highlighting that their furniture is incredibly cheap and of good quality. He pointed out that tariffs on Chinese goods may lead to higher prices but noted that Wayfair has a strong logistics operation that helps keep prices low. Cramer dismissed concerns about the company's reliance on Chinese manufacturing, stating that Wayfair's stock increased significantly, surprising many investors who underestimated its resilience.
Source: YAHOO