Jim Cramer Commented on 10 Stocks and the Recent Macro Rally

5. American Eagle Outfitters, Inc. (NYSE:AEO)

Number of Hedge Fund Holders: 33

American Eagle Outfitters, Inc. (NYSE:AEO) is one of the stocks Jim Cramer commented on along with the recent macro rally. Cramer noted that people thought that the previous good quarter of the company was anomalous, but it was not the case, as he remarked:

“Lots of people thought that the last quarter from American Eagle was aberrant. It was so great, a flash in the pan. The terrific numbers this morning put the lie to that notion.”

American Eagle Outfitters, Inc. (NYSE:AEO) sells apparel, accessories, and personal care products under its brands. During the October 3 episode, a caller asked whether the company’s stock was a buy, sell, or hold. Cramer responded:

“My instinct is to ring the register. Why? Because we had the event, the event occurred, and now we’re getting away from the event. And there are a lot of people who say, wait a second, the company isn’t doing well away from that. I’d like to see [you] get a bit of a win here. Take some off the table.”