Reported about 20 hours ago
Jim Cramer discussed Ollie’s Bargain Outlet Holdings, Inc. (OLLI) on his show, labeling it 'The Bargain Place Of All Bargain Places' due to its popularity among consumers amid economic uncertainty. Despite beating earnings expectations and a year-to-date stock increase of 18.9%, recent performance saw a slight dip after an earnings report. Cramer emphasized the growing tendency of Americans to shop at discount outlets like Ollie’s as a sign of consumer insecurity.
Source: YAHOO