Reported 10 days ago
In a recent segment on CNBC, Jim Cramer expressed concern over President Trump's tariff strategies, suggesting they risk triggering a market crash similar to the 1987 one. He defended Lululemon Athletica Inc. (LULU) against stock price fluctuations, stating the company 'played by the rules' and did not deserve the recent dip linked to broader market issues. Cramer cautioned investors to be cautious in the current climate while still recognizing LULU's potential amidst rivals like Gap.
Source: YAHOO