Jim Cramer shares his thoughts on Lululemon, Nike, FedEx, Tesla and Boeing

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Jim Cramer on Friday reacted to earnings from Lululemon, Nike and FedEx. The CNBC host also weighed in on media reports about Boeing and Tesla.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Lululemon : Shares plunged more than 18% after the athletic apparel maker issued current-quarter revenue and earnings guidance below Wall Street estimates. Its quarterly sales forecast implies annual growth between 9% to 10%, compared with the 12.5% growth expected by analysts, according to LSEG .

86, well above analyst expectations. "These earnings are being done without any revenue growth whatsoever. If you get any revenue growth, you're going to see leverage that's immense," Cramer said. "It's a stock I want to talk about when we get to Monthly Meeting. It may be another one that we have to think about. There's a lot of good stocks out there right now.

 

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