Jim Cramer Says RH “Feels Dicey”

RH (NYSE:RH) is one of the 22 stocks Jim Cramer recently talked about. Calling it “dicey”, Cramer remarked, “RH… Restoration Hardware feels dicey, especially with that balance sheet, but it could be a nice short squeeze.”

A customer happily browsing aisles of high-end furniture in a large showroom.

RH (NYSE:RH) is a lifestyle brand and retailer focused on the home furnishings market. The company provides a broad selection of furniture, lighting, textiles, and décor. On April 8, the company received a comment from Cramer as he said:

“It’s kind of like RH, the old Restoration Hardware, which has fallen from $457 to $149 in less than four months. This is Gary Friedman’s company. He is total money, but if you buy it here, you’re betting that the wealthy customers should be able to deal with the tariffs that we put on all of their beautiful furnishings. This stuff’s pretty expensive already, although I’d argue it’s worth the price. However, RH also makes a ton of furniture in Vietnam and it’s hard to say it’ll be worth the price once you throw in that 46% tariff.”

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Disclosure: None.