Cramer Remix: I'd downgrade 100 stocks before ditching Lululemon

  • 📰 CNBC
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Jim Cramer reveals why he's a fan of Lululemon's stock.

"When I look at the top five best performers in the Dow and the S&P, I see a good group of stocks, most of which have more room to run. As we've seen over and over this year, stocks that are in motion tend to stay in motion," he said. "Maybe they get knocked down by big-picture worries, but if you've got a high quality story ... the odds are good the stocks going to get right back on track."Julie Wainwright , CEO of The RealReal Inc.

He called it an "intriguing growth story with some hair on it," but suggests waiting for the stock price to recede a few bucks. "At a time when the department stores are being eaten alive, The RealReal could be poised to make a killing," the host said. "Right now, it's at $26 and change. You've got my blessing to buy it if it pulls back to $22.50 or less. And if it doesn't, you gotta just say you missed it."Cramer said payroll processing companies can give a good read on the job market.

CEO Martin Mucci told the host that the company feels "really strongly" about revenue growth in human resources services. "That's what's been growing the fastest," he said in a one-on-one interview. "Double digit growth, even without Oasis, the acquisition that we completed … we did have double digit growth and we think we'll continue to have that in our client employees."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

trading 46x earnings...I'd buy some if it dipped back to 150

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The halfway mark: Cramer maps where the top S&P and Dow stocks are headed'When I look at the top five best performers in the Dow and the S&P, I see a good group of stocks, most of which have more room to run,' Jim Cramer says. He’s literally going to tell us where they are headed?
Source: CNBC - 🏆 12. / 72 Read more »

The halfway mark: Cramer maps where the top S&P and Dow stocks are headed'When I look at the top five best performers in the Dow and the S&P, I see a good group of stocks, most of which have more room to run,' Jim Cramer says. He’s literally going to tell us where they are headed?
Source: CNBC - 🏆 12. / 72 Read more »

As Dow stock McDonald's hits records, two other fast-food stocks are about to trounce itAs McDonald's hits records, two other fast-food stocks are about to trounce it $MCD $SHAK $CMG (via TradingNation)
Source: CNBC - 🏆 12. / 72 Read more »