Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Walgreens Boots Alliance : The company delivered a big earnings beat, but lowered the top end of its adjusted earnings-per-share forecast while also booking a write-down on VillageMD. "This is a bull-bear debate," Jim Cramer said.
RH : Shares surged more than 15% after the luxury furniture company issued better-than-expected revenue guidance for 2024. "The cadence was fabulous," Cramer said, explaining that after a weaker January, RH's business started to improve in the following months. "You've got a very big short squeeze going on here," he added. Kimberly-Clark : The consumer products maker announced a business reorganization that includes layoffs.
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