Jim Cramer on Abercrombie & Fitch: “It’s Not for the Squeamish, Call Me Squeamish”

“Plenty of apparel connected Tuesday. Abercrombie & Fitch reports successful the AM. That’s a full crapshoot. It’s not for the squeamish. Call maine squeamish.”

Photo by Adam Nowakowski connected Unsplash

Abercrombie & Fitch Co. (NYSE:ANF) provides apparel, accessories, and idiosyncratic attraction items for men, women, and kids. During the April 29 episode, a caller inquired astir the stock, and Cramer responded:

“You cognize what, I’ve got to spot what they look similar successful a tariffed world… due to the fact that I don’t cognize precisely however overmuch of their worldly is going to person to spell up successful price. The banal is reflecting a batch of that, but you’re right, it’s six times earnings. But you and I some cognize six times net means usually that the net are excessively high. But it’s 65 bucks, $3.3 cardinal company. I deliberation you tin prime up a little, but past wait.”

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