Cramer picks two 'winning' footwear stocks in a ‘nightmare' athletic apparel market
Deckers(DECK) cnbc.com·2024-05-17 06:45
Cramer pointed out that it's not been easy lately for some of the big names in the athletic apparel space. Shares of Nike and Lululemon have seen steep declines since the beginning of 2024. Cramer attributed these losses in part to fears of cash-strapped consumers, but also to stiff competition from smaller, fast-growing sneaker and athleisure brands. But Deckers and On are two promising growth stocks, Cramer said. On reported a solid quarter Tuesday that sent shares climbing, and the stock has been able to ...