15 Stocks in Jim Cramer’s Game Plan for This Week

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10. e.l.f. Beauty, Inc. (NYSE:ELF)

Number of Hedge Fund Holders: 29

e.l.f. Beauty, Inc. (NYSE:ELF) is one of the stocks in Jim Cramer’s game plan for this week. Cramer noted that he has high expectations for the stock, as he commented:

“After we close, we get two more companies that I like very much, and I bet they’ll give us good numbers. That’s Dutch Bros and e.l.f. Beauty. These two renegades, young companies that have disrupted the coffee and cosmetic business, wow, they got a lot of room to grow and take share, and that’s exactly what they’re going to do. Again, good stocks.”

e.l.f. Beauty (NYSE:ELF) develops and sells cosmetics and skincare products across multiple categories, including eye, lip, face, and body care. In a March episode of Squawk on the Street, Cramer mentioned the company and said:

“And plus I mean, it’s just been a relentless, you know, Elf has been terrible. . . .This is a very challenged group and you got to be careful about cosmetics. . . But I want to stay away from cosmetics nine ways to Sunday. Anything cosmetics is just no place to be.”

Since the above comment was aired, the stock is up nearly 78% at the time of writing.

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