Jim Cramer Discussed These 7 Stocks

5. e.l.f. Beauty, Inc. (NYSE:ELF)

Number of Hedge Fund Holders: 35

A caller asked if they should hold or sell e.l.f. Beauty, Inc. (NYSE:ELF) and Cramer replied:

“Oh my, I got to tell you, down 40%, everyone’s decided that it doesn’t work anymore. It’s got tariffs, blah, blah blah. I am not gonna sell Tarang Amin down 40%, that doesn’t mean I’m gonna buy, but I am not gonna sell it. That’s crazy. People hate it. Let’s just wait. Wait, don’t bite. Not yet.”

e.l.f. Beauty (NYSE:ELF) provides a diverse range of beauty and skincare products through several brands, including e.l.f. Cosmetics, e.l.f. Skin, Well People, Naturium, and Keys Soulcare. In early February, amid tariff concerns, Cramer commented on the company as he said:

“Yeah, well it’s gonna report… They make this stuff in China is real bad and it’s gonna hurt the profit margin and we got to hear what they’re gonna have to say. I have to tell you, I’m very uncomfortable buying something that is all sourced in China given the fact that we don’t know what the president’s going to do if China doesn’t play ball.”