Jim Cramer warns investors to let the dust settle in this market before committing to the stocks of Dollar Tree and Darden.
Dollar Tree, which owns Family Dollar as a subsidiary, will be able to better manage the costs of tariffs on Chinese imports than most people expect and the discount store chain will draw in more customers as the economy slows down, theDarden Restaurants, the parent of Olive Garden, LongHorn Steakhouse and Bahama Breeze among other eateries, will also catch windfall from trade tensions and the slowing economy.
"You have to worry that they could be dragged down by the gravitational pull of the entire market," Cramer said. "I could see Darden falling to 17-times earnings, Dollar Tree going to 15-times earnings if the averages keep getting hammered based on these overblown fears of a recession."Catch Cramer's full thoughts
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