We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks.
Ralph Lauren Corporation (NYSE:RL) is one of the stocks discussed by Jim Cramer
High-end apparel firm Ralph Lauren Corporation (NYSE:RL)’s shares are up by 34% over the past year and by 5.9% year-to-date. May has been a good month for the stock as it closed 13.9% higher on the 21st. The jump occurred after Ralph Lauren Corporation (NYSE:RL) reported its latest quarterly earnings.
The results saw the firm’s $1.98 billion in revenue and $2.80 in earnings per share beat analyst estimates of $1.85 billion and $2.55. Earlier on March 24th, Citi had raised Ralph Lauren Corporation (NYSE:RL)’s share price target to $400 from $360 and bumped the rating from Neutral to Buy as it expected the firm to post a strong set of fourth quarter earnings. In this appearance, Cramer discussed Ralph Lauren Corporation (NYSE:RL) after the latest earnings: “Did Ralph Lauren go into the quantum business?