Canada Goose Holdings Inc. (GOOS) Has Been “Terrific,” Says Jim Cramer

We recently published a list of Jim Cramer Says “We Have No Idea What’s Really Going To Happen” and Discusses These 12 Stocks. In this article, we are going to take a look at where Canada Goose Holdings Inc. (NYSE:GOOS) stands against other stocks that Jim Cramer discusses.

Canada Goose Holdings Inc. (NYSE:GOOS) is a Canadian retailer that sells high-end apparel. Its shares have gained 18.5% year-to-date primarily due to a 32% jump in May. Canada Goose Holdings Inc. (NYSE:GOOS)’s stock soared after the firm’s fiscal fourth-quarter revenue and earnings beat analyst estimates by a wide margin. During the quarter, the firm reported C$0.33 in adjusted earnings to top analyst estimates of C$0.23 and C$384 million in revenue to beat C$356.4 million in estimates. The stock caught Cramer’s attention as its shares rose. Here’s 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.”

A shop window in a city skyline, showcasing the company’s luxurious parkas.

The recent appearance wasn’t the first time Cramer mentioned Canada Goose Holdings Inc. (NYSE:GOOS) in his show. Last year in May, after a strong earnings report, the CNBC TV host advised viewers against buying the shares. Since then, Canada Goose Holdings Inc. (NYSE:GOOS)’s stock has lost 5.9% despite the major gains earlier this month. Here’s what Cramer had said in May 2024:

“I’m going to tell you — I’m going to put my trading hat on. When I see a company report that kind of number — that good — and it doesn’t go up, I say ‘ain’t nothing going to get this thing going. Let’s stay away.”

Overall, GOOS ranks 12th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GOOS, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.