Retail
Cramer Calls Under Armour & Crocs (UA, CROX, NKE)
Published:
Last Updated:
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.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.