Reported 1 day ago
In a recent CNBC program, Jim Cramer praised Foot Locker Inc (NYSE: FL) as a 'genuine winner,' highlighting the company's strong performance and improvements under CEO Elliott Hill. Cramer noted that Foot Locker's recent quarterly results exceeded expectations, thanks in part to a revived relationship with Nike. Despite these positives, he pointed out that the stock's valuation remains low, suggesting it may be undervalued by the market.
Source: YAHOO