Jim Cramer Recently Discussed These 15 Stocks

12. V.F. Corporation (NYSE:VFC)

Number of Hedge Fund Holders: 43

V.F. Corporation (NYSE:VFC) was revisited in Jim Cramer’s series on struggling retailers. Here are his thoughts on the stock:

“To recap, we started with VF Corp, the maker of North Face and the unfortunate Vans. And I told you that I don’t see this one making a comeback anytime soon. Although CEO Bracken Darrell recently bought $1 million worth of stock. So, not enough to get me off the sidelines, but certainly enough to encourage me.”

V.F. Corporation (NYSE:VFC) is an apparel conglomerate that owns lifestyle brands such as The North Face, Vans, Timberland, and Dickies, with global retail and wholesale reach.

Here’s Cramer’s full analysis on the stock from May 27:

“The apparel and footwear retailers, they’ve struggled…. Why don’t we start with V.F. Corp?…. For the past couple of years, I’ve been rooting for V.F. Corp ever since they brought in Bracken Darrell from Logitech to take over CEO. I figured he could eventually turn things around, and eventually is the operative word here, and around this time last year, V.F. Corp started to get back on track…

So back to the operative question, can these fallen retailers, and specifically in this case. V.F. Corp, make a comeback? The short answer for V.F. Corp is not quite yet. I think we’re still in a holding pattern with this one despite the fact that the stock had a nice gain amid today’s market rally, climbed nearly 13%… My view, the company absolutely has taken out some big costs as margins have improved meaningfully over the past year… I know that the stock might start moving higher before the turnaround actually arrives. That happened once, right? But in a perfect world, I’d like to see sales growth turn positive before I can declare V.F. Corp officially back, so to speak…

Here’s the bottom line: We saw in the back half of last year just how quickly the stock can climb higher when the news flow gets even just a bit better. But we’ve also been reminded this year about how quickly V.F. Corp can stumble when things get tougher. And at this point, after such a prolonged period of underperformance, I myself do not feel comfortable sticking my neck out before I see some real signs of improvement, especially at Vans.”