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. 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.’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. 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.’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.”
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This article is originally published at Insider Monkey.
