Jim Kramer here to share a short preview of my take on the market from today's

members-only CNBC Investing Club Morning Meeting. Join the club for full access to the morning

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morning take. TjX. That's one word morning tape.

TjX is one that's called our attention down about 10% from a tie. It's time.

Yeah, it's been almost straight down since April. This is what you buy when you feel that you see

retail sales weaker. What people have been buying,

thank heavens is Costco, which has been that out of hell.

I mean, Costco's great,

and I know some people might think,

well, do you peel some off?

I think we already dropped, you don't take profits, Costco.

And this is under the idea that, yes,

in times of inflation, consumers are still going to look for value.

TjX has great value, brand merchandise, bargain prices, Costco value.

We know a lot of retailers are struggling here.

They want to get offload a lot of...

So we're restricted in this, but perhaps tomorrow we can look to nipple ahead of earnings next Wednesday. Right, so be aware, the stock's barely up today, and if you do want to say, oh, listen, they said they're going to buy it and we'll restrict it tonight. If you want to buy something ahead of them, we buy it, you know, that's fine, that's not what we're about. We're about teaching. And I think it's important for people to understand. But interestingly, though, even though there are concerns about consumer spending,

Starbucks doing well, gets an upgrade at Cowan today.

They raise their same store sales growth forecast.

They see margin upside from both sales leverage and the start of a $2 billion cost cut program.

So just a lot of longevity to a multifacitated turnaround fueled by operations,

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