The third quarter will be wrapping up, September will be coming to a close, along with CNBC’s Jim Cramer can finally breathe.
“The third quarter’s within the bag along with the idea’s been a not bad one — best in several years. Even September was not bad, along with historically, which tends to be a rough month,” the “Mad Money” host said on Friday. “In fact, the market’s been so robust which you have to think long along with hard about stocks which have lagged behind here.”
nevertheless barring the currently slumping stocks of Tesla along with Facebook, Cramer was pleased with how the quarter turned out. With which in mind, he turned to his weekly game plan, which includes a market-critical report on Friday.
Online shopping service Stitch Fix, a completely new Cramer-fave, kicks off the earnings flow on Monday. The company will be already profitable along with rapidly growing its revenues, so Cramer expected a not bad result.
“One look at their website tells you exactly how powerful This kind of story will be,” he said. “Stitch Fix has which rare ability to convert users of the service into buyers of the stock — like Tesla, except the idea’s generating money.”
While shares of Stitch Fix have fallen within the last several weeks on worries about competition by Amazon, Cramer saw the decline as an opportunity.
“You have my blessing to buy some Stitch Fix both before along with after the quarter,” he told investors.
For the rest of Cramer’s game plan, click here.