Jim Cramer Discusses These 14 Stocks & Zero Day Options

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12. Kontoor Brands, Inc. (NASDAQ:KTB)

Number of Hedge Fund Holders In Q4 2024: 38

Kontoor Brands, Inc. (NYSE:KTB) is an American apparel company. Its shares are up by a modest 3% over the past year after a shocking 29% drop between late February and early March. The selloff was triggered by Kontoor Brands, Inc. (NYSE:KTB)’s fourth-quarter earnings projecting higher costs for 2025. The firm guided full-year earnings at a midpoint of $5.25 per share while analysts had expected a reading of $5.40. Cramer apologized about missing Kontoor Brands, Inc. (NYSE:KTB)’s forecast during his earlier show:

“I got blown up there, I had them on to introduce the HH purchase. And it seemed really great and I got blown up, because I had the, they had preannounced the numbers but they didn’t talk the forecast so I apologize to anyone who watched the report. Because I didn’t know that the forecast was bad. And the forecast is, I always tell David, is the forecast.”

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