We recently published 12 Stocks Jim Cramer Discussed As He Said SpaceX’s Starlink Internet Could Help President Trump. Canada Goose Holdings Inc. is one of the stocks Jim Cramer recently discussed.
Canada Goose Holdings Inc. is a Canadian high-end apparel retailer. Its shares have gained 33.7% year-to-date on the back of two major moves. The first of these was in May, and it sent the stock soaring by a whopping 41%. The catalyst for the share price gain was Canada Goose Holdings Inc.’s fiscal fourth quarter earnings, which beat analyst revenue and EPS estimates. The firm’s shares then soared by 16% in August after CNBC reported that private equity firm Brain Capital had been approached for taking the firm private. Here is what Cramer said about the development:
“Look, Goose is Bain may be back. If you remember, Bain had 70% when it came public.”
Photo by Erik Mclean on Unsplash
The CNBC TV host had discussed Canada Goose Holdings Inc. in May. Here is what he said:
“That’s good. They’ve been, terrific. Dani Reiss’s a terrific guy. That’s been a very tough one to won.”
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This article is originally published at Insider Monkey.
