We recently published 10 Stocks Jim Cramer Talked About. The Gap, Inc. (NYSE:GAP) is one of the stocks Jim Cramer talked about.
Apparel company The Gap, Inc. (NYSE:GAP) is a frequent feature on Cramer’s morning show when it comes to turnarounds. Even though the stock is down 2.3% so far this year, the CNBC TV host has continually expressed his confidence in the company. Cramer shared in August that he had heard the company’s CEO was “doing a good job.” The comment came after a morning appearance in May in which the CNBC TV host noted that people were finally realizing that CEO Richard Dickson was “doing a great job.” More recently, Cramer discussed The Gap, Inc.’s (NYSE:GAP) turnaround efforts through which the company is streamlining its brand portfolio and operations. In this appearance, Cramer remained optimistic about the CEO of The Gap, Inc. (NYSE:GAP):
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“I have Gap tonight. When Gap dropped to 21 last time, I said this is ridiculous, you just have to go buy the (omitted). It’s still only at 24. I really like it. Dickson is doing a great job.”
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Disclosure: None. This article was originally published in privileged monkey.