We recently published a list of Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where Ralph Lauren Corporation (NYSE:RL) stands against other stocks that Jim Cramer discusses.
Cramer highlighted that Ralph Lauren Corporation was among the companies that showed Wall Street its “best stuff” when it reported its quarterly earnings.
“I want to highlight to you three retailers that reported excellent quarters in just the last couple of days, and only one was recognized as fabulous, that’s Urban Outfitters. One’s holding on with its fingertips, that’s RL, Ralph Lauren. And then a third, TJX, that’s getting sold off, yet presents, I think, now the best buying opportunity…
Next, we may not associate Ralph Lauren with value, but that’s completely wrong. Unlike pretty much every single retailer I follow, RL has iconic brands that never go out of fashion. They call it timeless. They’re right. I still wear Lauren’s stuff I bought 20 years ago, that makes it valuable…
Look, there are a ton of terrific retailers, but these three really put up amazing numbers, and only one is being recognized. I see that as an opportunity because it’s just a matter of time before Wall Street realizes that the kings of retail came out, showed you their best stuff this quarter, and you want to get into all of them before everybody else figures out what I just told you.”
A man and woman in business attire walking down a street, bags of clothing in hand.
Ralph Lauren is a well-known brand that designs, markets, and sells lifestyle goods such as clothing, home products, and accessories.
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This article is originally published at Insider Monkey.
