We recently published a list of Jim Cramer’s Thoughts on These 10 Stocks. In this article, we are going to take a look at where DICK’S Sporting Goods, Inc. (NYSE:DKS) stands against other stocks that Jim Cramer discusses.
Highlighting its $9.5 million revenue and 31% in gross margins, a caller inquired about DICK’S Sporting Goods, Inc.. In response, Cramer remarked:
“Oh, I like DICK’S very much and you know a lot of people, that’s both Ed Stack but don’t forget Lauren Hobart. Lauren Hobart as CEO is fantastic, a lot of people think that they stubbed their toe when they bought Foot Locker. I’m going to say the opposite. I’m going to say that they may have stubbed their toe, but this stock is so much down. It was at 254, now it’s at 181. It more than reflects [that] they can write off Foot Locker right now, and frankly, yeah, of course, they don’t need to, it would still work out. Buy DICK’S Sporting Goods.”
A customer in a specialty concept store wearing a full outfit of apparels and sports gear.
DICK’S sells a wide range of sporting goods, apparel, footwear, and accessories through various retail formats and digital platforms. The company also offers specialty stores and a mobile app that supports youth sports activities.
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This article is originally published at Insider Monkey.
