Jim Cramer on e.l.f. Beauty: “This One’s Gotten Too Hard for Me”

“Okay, you know, idiosyncratic asked maine astir this past night, and they said, what bash you think? I’m retired determination talking to a batch of people, and I said, you cognize what? This one’s gotten excessively hard for me. Look, I cognize I similar Tarang Amin. I backed him the full way, but it’s conscionable go 1 of those stocks that’s [got] a tariff problem, and the abbreviated involvement is truly big. And close now, I deliberation it’s low, but I’m acrophobic virtually that I volition get my caput blown disconnected if I accidental this is the level to bargain it.”

e.l.f. Beauty, Inc. (NYSE:ELF) sells cosmetics and skincare products nether its brands, similar e.l.f. Cosmetics, e.l.f. Skin, Well People, Naturium, and Keys Soulcare. A caller asked for Cramer’s thoughts connected the banal during the November 11 episode, and helium replied:

“Boy, you know, I was shocked astatine that. I’m specified a large believer successful ELF, and it conscionable keeps getting deed and deed and hit, and I don’t know, it’s lone $4.6 cardinal now. That seems very, precise low. I cognize that it did marque immoderate mistakes successful presumption of outgo structure, but I’m consenting to accidental that I think, I deliberation it’s a buy. I cognize that’s contrary to, I deliberation it’s a buy.”

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