Cramer on Mad Money also has two more CEO’s that he is positive on that deserve the benefit of the doubt.
The first is Ralph Lauren of Ralph Lauren (RL-NYSE), but the executioner that Cramer REALLY likes there is Roger Farah as the COO. He is the one that turned it around and the bought their 50% of the Polo.com it didn’t own. Cramer says they are taking more square footage in stores. The street thought he was guiding lower even though Farah said he didn’t lower guidance; and the stock came screaming back.
Cramer said that Steve Sadove of Saks (SKS) is great and the merchandising genius Ronald Frasch is the key here. This one is up since he recommended it first, and Cramer isn’t changing his positive stance. Cramer said that analysts didnt raise their Sell Rating at UBS and that was a mistake.
Jon C. Ogg can be reached at [email protected]; he does not own securities of the companies he covers.
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention.
Finding a financial advisor who puts your interest first can be the difference between a rich retirement and barely getting by, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been carefully vetted, and must act in your best interests. Start your search now.
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.