Retail
Cramer Calls Under Armour & Crocs (UA, CROX, NKE)
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On today’s TheStreet.com video, Jim Cramer again pushed Under Armour (NYSE:UA). The stock is up big after earnings from this morning. He noted how he was critical at its last earnings report, but this quarter they overdelivered big on an under-promise. It is one to own for back to school and for Christmas and isn’t one you can really worry about the actual stock price. Cramer even noted, "Under Armour is the next Nike (NYSE:NKE)!". He thinke their clothing is now a required outfit for sport teams. Under Armour shares are putting in new all-time highs up over 15% on the day. For unbridled growth Cramer said you can go listen to the Crocs (NASDAQ:CROX) call. It too is putting in another 52-week high today with its shares up over the $60.00 handle. That’s up 300% over the last year. When you look at the last earnings report, it’s just too hard to not give the company credit.
Jon C. Ogg
July 31, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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