Cramer Names Six Apparel Stocks as Retail ETF Gains 10%, Tech ETF Falls 11%
Photo: TokenPost
Mad Money host Jim Cramer put six apparel companies in focus Monday as two sector funds moved in opposite directions. The SPDR S&P Retail ETF was up 10% this quarter, while the Technology Select Sector SPDR Fund was down 11%. Cramer said lower interest rates may support apparel sellers as the holiday shopping season approaches. The companies he highlighted were Ralph Lauren, Tapestry, Levi Strauss, VF Corp, Kontoor Brands and Reformation. Ralph Lauren and Tapestry are scheduled to release quarterly results Thursday, Nov. 5, setting up near-term updates on two of the names. Ralph Lauren remains Cramer's top apparel pick.
Source: TokenPost
