Jim Cramer Discussed These 12 Stocks Recently

9. Tapestry, Inc. (NYSE:TPR)

Number of Hedge Fund Holders: 38

Tapestry, Inc. (NYSE:TPR) was discussed during the episode and this is what Cramer said about the company:

“Let’s expand it. Does it sell in department stores? Capri, PVH, Tapestry, sold… Nothing’s foolproof.”

Tapestry, Inc. (NYSE:TPR) is a luxury brand company that provides a diverse selection of lifestyle products, such as handbags, accessories, footwear, fragrances, jewelry, home items, and clothing. In December 2024, Cramer noted the positive effect of FTC’s decision to shut down the company’s acquisition of Capri Holdings.

“Tapestry’s a rebounding apparel company and its stock is on fire thanks to Lina Khan, FTC. Yes, something you almost never hear, something positive. See, she blocked or the FTC blocked Tapestry from acquiring Capri Holdings, which owns Michael Kors. Jimmy Choo, Versace. The market hated that deal. So when Wall Street cheered, when Lina Khan shot it down, and that’s allowed, well, it’s allowed Tapestry to prosper. It’s become an up stock.”