Cramer: Hold On to This 'Monster' Retail Stock
“I would hold on to Ralph Lauren,” Cramer said during Tuesday’s Stop Trading!, even though the stock is up almost $4 today.
“This has been a monster stock since the bottom,” the Mad Money host said, “and I continue to believe it will remain a monster stock.”
The company’s namesake “has done a miraculous job,” Cramer continued, of steering the operation through tough economic times. He praised Ralph Lauren’s execution, expansion overseas and the power of its brand name, calling them key parts of an “incredible story.”
Cramer also endorsed VF Corp. in the retail space.
Lastly, Walgreen and CVS Caremark are buys on a big flu-shot season, Cramer said. Beyond the vaccines, “big impulse purchases” will help to drive sales.
There was a Starbucks versus Sanka taste test during Stop Trading! today. Which did Cramer choose? Watch the video to find out.
Cramer's charitable trust owns VF Corp.
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