Urban Outfitters, Inc. (URBN): It's An 'Outlier,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Urban Outfitters, Inc. (NASDAQ:URBN) stands against other stocks that Jim Cramer discusses.
Urban Outfitters, Inc. (NASDAQ:URBN) is an American firm that sells apparel, home items, and other products. Its shares are up by 19% year-to-date, with the gains helped by a massive 22.8% jump in May. The stock soared after a strong first-quarter earnings performance which saw Urban Outfitters, Inc. (NASDAQ:URBN)'s earnings-per-share of $1.16 smash analyst estimates of $0.83 out of the park. The firm's revenue of $1.33 billion also beat estimates of $1.29 billion. Here's what Cramer said about the firm:
'Dave & Buster and Urban Outfitters are the two outliers. People forgot about them, they let them forget, and that's just wrong. Urban's great.'
A frontline retail worker organizing apparel products in a store.
Cramer discussed Urban Outfitters, Inc. (NASDAQ:URBN) in detail after its earnings report. Here's what he said:
'Urban Outfitters is made up of its eponymous flagship store along with Anthropologie and Free People. They're all doing incredibly well.
While we acknowledge the potential of URBN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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