NEW YORK (TheStreet) -- Shares of DSW are up almost 10% following the footwear retailer's top- and bottom-line earnings beat.a "This was a terrific quarter!" TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Cramer's Mad Dash" segment.a Read More: 7 Stocks Warren Buffett Is Selling in 2014 Earlier in the year, shares of DSW got "hammered" down to the low $20s, Cramer explained, making it a great buy and a potential buyout candidate at the time.a Now the company is making a comeback as comparable-store sales results are improving. The stock provides a lot of value and is underrated, Cramer said, adding, "I think it goes higher."a Turning to GT Advanced Technologies , Cramer called it a "speculative play," but added that if its sapphire technology is in Apple's new iPhone 6 screen, the stock could perform quite well.a Read More: Delta Is Right on the Ex-Im Bank; Too Bad the Tea Party Is Its Biggest Ally -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Click to view a price quote on DSW. Click to research the Retail industry.
from Latest TSC Headlines http://ift.tt/1tFKF62
No comments:
Post a Comment