We recently published a list of Jim Cramer Had These 21 Stocks on His Radar. In this article, we are going to take a look at where Ralph Lauren Corporation (NYSE:RL) stands against other stocks that Jim Cramer discusses.
Ralph Lauren Corporation (NYSE:RL) was mentioned during the episode, and here’s what Cramer had to say:
“This is a stock I recommended a little over a month ago on March 13th when it was trading at just $216 and change. Now it’s back up to $274. I’m betting it continues to climb. Yesterday morning, Ralph Lauren reported what I thought was an excellent quarter, but the market couldn’t figure out what to make of the numbers, and the stock turned into a roller coaster, ultimately finishing the session up three and a half bucks. The way I see it, the stock should have been up a lot more, but it was down a lot at one point…
A man and woman in business attire walking down a street, bags of clothing in hand.
Ralph Lauren Corporation (NYSE:RL) manufactures and sells a wide range of lifestyle products, including clothing, footwear, accessories, home goods, and fragrances, under various brand names. The company also operates restaurants and coffee shops in select cities.
Overall, RL ranks 14th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of RL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RL and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
