10 Stocks on Jim Cramer’s Radar Recently

5. RH (NYSE:RH)

Number of Hedge Fund Holders: 51

Moving on to RH (NYSE:RH), Cramer commented:

“It’s kind of like RH, the old Restoration Hardware, which has fallen from $457 to $149 in less than four months. This is Gary Friedman’s company. He is total money, but if you buy it here, you’re betting that the wealthy customers should be able to deal with the tariffs that we put on all of their beautiful furnishings. This stuff’s pretty expensive already, although I’d argue it’s worth the price. However, RH also makes a ton of furniture in Vietnam and it’s hard to say it’ll be worth the price once you throw in that 46% tariff.”

RH (NYSE:RH) is a lifestyle brand and retailer in the home furnishings market and it provides a wide range of products such as furniture, lighting, textiles, and décor. On Friday, Cramer commented on the company as he said:

“Nike did nothing wrong. Lulu did nothing wrong. These companies they didn’t do anything wrong. They played by the rules. They left China. RH left China. They played by the rules. Why hurt the people who played by the rules?”