Jim Cramer Recently Talked About These 15 Stocks

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11. lululemon athletica inc. (NASDAQ:LULU)

Number of Hedge Fund Holders: 48

lululemon athletica inc. (NASDAQ:LULU) is one of the 15 stocks that Jim Cramer recently talked about. Noting that they are “down”, a caller mentioned that they took Cramer’s advice and bought lululemon athletica inc. (NASDAQ:LULU) shares. In response, Cramer said:

“I thought that LULU would do better. I thought that LULU would do better. I was quite surprised. I just, it was a bad conference call. It was a bad quarter. I am aghast to think that this could be… such a horrible situation. They had tariff problems. They had the wrong fashion. Everything went wrong for Calvin McDonald, and what can I say? I just don’t think he’s capable of being as bad as that stock was, 17 times earnings. It was a bad quarter, though. And you know… I’ve thought a lot about this, done a lot of soul searching, I am shocked at how they missed the quarter, and I wouldn’t be surprised if there weren’t some shakeups if that happened again.”

lululemon (NASDAQ:LULU) designs and sells high-performance athletic apparel, footwear, and accessories. The company caters to fitness and lifestyle activities through various retail and online channels.

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