Jim Cramer on Cintas: “I Like it Very Much at These Levels”

Cintas Corporation (NASDAQ:CTAS) is one of the stocks Jim Cramer offered insights on. Cramer was bullish on the company stock, as he stated:

“Now, also Wednesday morning, we hear from one-time market darling, Cintas, the uniform rental company, also provides a bunch of other large services, largely to small and medium-sized businesses. But you know they’ve got some large ones too. I think Cintas could bring us an upside surprise. I like it very much at these levels.”

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

Cintas Corporation (NASDAQ:CTAS) provides corporate uniforms, facility services, and safety solutions, including fire protection and first aid products. Cramer discussed the stock in the September 10 episode, as he commented:

“People feel that there’s a slowdown going on. People feel that there’s going to, that, there’s one of those moments where there’s not a lot of hiring. That’s when you want to buy Cintas. Not when it’s flying high, but when it’s under the radar. I think you buy some here, then you wait for the quarter. If the quarter’s disappointing, you buy more. Why? Because this is a great long-term hold. That’s why.”

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