Jim Cramer on e.l.f: “If You Get a Tariff Overturn From the Supreme Court, This Stock’s Going to Go Up 25 Points”

e.l.f. Beauty, Inc. (NYSE:ELF) is one of the stocks Jim Cramer recently looked at. A caller asked if they should hold the stock or take profit, and Cramer remarked:

“Okay, the stock’s been troubled, and a lot of that I think is because people are confused about the Chinese, with the manufacturing. Let’s do this. If you get a tariff overturn from the Supreme Court, this stock’s going to go up 25 points. Let’s just hold on to it for now because I think it’s actually reflecting some of the weakness that I don’t even think is there anymore. I think Tarang Amin is terrific.”

e.l.f. Beauty, Inc. (NYSE:ELF) sells cosmetics and skincare products under its brands, like e.l.f. Cosmetics, e.l.f. Skin, Well People, Naturium, and Keys Soulcare. During the November 21, 2025, episode, a caller asked about the stock, and Cramer responded:

“Okay, you know, someone asked me about this last night, and they said, what do you think? I’m out there talking to a lot of people, and I said, you know what? This one’s gotten too hard for me. Look, I know I like Tarang Amin. I backed him the whole way, but it’s just become one of those stocks that’s [got] a tariff problem, and the short interest is really big. And right now, I think it’s low, but I’m afraid literally that I will get my head blown off if I say this is the level to buy it.”

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