Ralph Lauren Corporation (RL) is not “as analogous” to the tapestry as you think, says Jim Cramer

We have recently published 12 last actions on Jim Cramer’s radar. Ralph Lauren Corporation (NYSE: RL) is one of the actions that recently discussed Jim Cramer.

Ralph Lauren Corporation’s actions (NYSE: RL) fell 3.9% in August after the company by the Tapestry peers warned that it should take a $ 160 million in its income statement due to prices. Like Tapestry, Ralph Lauren Corporation (NYSE: RL) is also a luxury clothing retailer, and investors feared that the commercial similarities between the two also affect the operations of the company. The previous comments of Cramer on Ralph Lauren Corporation (NYSE: RL) praised the last call for the company, but warned that investors were not in mood for actions with a pricing exhibition. Here are his latest thoughts:

“Ralph Lauren is hit for 12 of the tapestry. And not really as analogous as you think.

Here is what Cramer said about Ralph Lauren Corporation (NYSE: RL) after his last report on the results:

“Today, something has happened at the Ralph Lauren call conference which was a severe reminder of not expecting this market to care at all about what has already happened. He only cares about what will happen then … I must tell you that I loved it. Which made me say that he could be a real winner today on Squawk in the street.

Copyright: nd3000 / 123rf photo

I cannot blame anyone, in particular the management of Ralph Lauren, to be careful. I therefore buy the weakness of Ralph Lauren, but you must recognize that this market rushes in mind to the stocks of companies without pricing exhibition and far from companies like Ralph Lauren. »»