Reported 1 day ago
Jim Cramer expressed a positive outlook on Kontoor Brands, parent company of Lee and Wrangler jeans, following its acquisition of outdoor apparel brand Helly Hansen. Cramer highlighted the strategic value of the acquisition, which he believes positions Kontoor strongly despite its previous quarterly miss. He noted that while KTB has potential as an investment, there may be even more promising opportunities in AI stocks.
Source: YAHOO