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DICK’S Sporting Goods, Inc. (DKS)’s “Is Expensive Stuff,” Says Jim Cramer

We recently published 11 Latest Stocks That Jim Cramer Just Talked About. DICK’S Sporting Goods, Inc. (NYSE:DKS) is one of the stocks Jim Cramer recently discussed.

DICK’S Sporting Goods, Inc. (NYSE:DKS) is an American athletic gear and apparel retailer. Its shares have lost 7% year-to-date as they have struggled from several selloffs, such as those in April, May, and August. DICK’S Sporting Goods, Inc. (NYSE:DKS)’s shares dipped by 19% in April amidst the uncertainty surrounding the Liberation Day tariffs. The stock then fell by 14.6% in May after investors reacted to its $2.4 billion acquisition of Foot Locker. In August, the stock dipped by 6.9% after the firm’s full-year midpoint earnings per share guidance of $14.20 fell short of analyst estimates of $14.39. Cramer, however, praised DICK’S Sporting Goods, Inc. (NYSE:DKS)’s earnings:

“DICK’S, by the way, is expensive stuff. Relatively, and they also had good numbers.”

Pixabay/Public Domain

Here are Cramer’s previous comments about DICK’S Sporting Goods, Inc. (NYSE:DKS):

“Oh, okay. Look, here’s… [why] I didn’t try hard enough. When DICK’s bought Foot Locker, I should have just said, buy, buy, buy. Instead, it’s all the way back. It’s kind of like the two that I’ve been most regretting that I didn’t pound the table, Dell enough, and I didn’t pound the table DICK’s enough. DICK’s is still good. They obviously knew what they were doing when they bought Foot Locker. Great relationship by the way now with Nike.”

While we acknowledge the risk and potential of DKS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DKS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

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