Jim Cramer says these 3 apparel stocks benefit from return to office

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares of PVH, the parent of Calvin Klein and Tommy Hilfiger, surged on Thursday after the company reported better-than-expected results for its latest quarter.

CNBC's Jim Cramer on Friday offered investors a list of clothing stocks that he believes will see upside as workers continue returning to the office.

"After the huge run in the apparel stocks, I recommend ringing the register on the lower quality ones, so that you can swap into something better," he said.Shares of PVH, the parent of Calvin Klein and Tommy Hilfiger, surged on Thursday after the company reported better-than-expected results for its latest quarter and strong quarterly guidance.

Other apparel companies including Abercrombie & Fitch and American Eagle also delivered upside surprises this week, sending their stock higher.

 

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

I’m not arrogant

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Powell’s inflation remarks are a ‘green light’ to stay in stocks, Jim Cramer saysPowell said on Wednesday that the central bank could start slowing down its pace of interest rate hikes as soon as December. What? Inverse Cramer says otherwise Market going eat shit
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer says these 3 apparel stocks benefit from the return to officeCramer gave his take on which stocks are great return-to-office plays. Have you seen the world lately? The last damn thing I’m doing is buying “apparel stocks” LindaIJones And Lehman Brothers is going to make a comeback? Is Jim Cramer an apparel analyst? Didn’t think so. What diligence and reasonable basis is he following?
Source: CNBC - 🏆 12. / 72 Read more »