We recently published a list of Jim Cramer Discusses These 14 Stocks & Zero Day Options. In this article, we are going to take a look at where Kontoor Brands, Inc. (NYSE:KTB) stands against other stocks that Jim Cramer discusses with insights into Zero Day Options.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on how day traders were trading the shares of Wall Street’s favorite AI GPU stock. He recalled a conversation that he had with Vlad Tenev, who’s the CEO of the most popular stock trading platform in the US. Cramer shared that the number of zero-day options that were actually being traded for the stock around the time of its fiscal fourth-quarter earnings release meant that the options, instead of the fundamentals, were driving the share price.
He also marveled at the fact that trading these options came with little risk. According to Cramer: “And what’s amazing is this it actually makes sense! I mean when I was with [Vlad Tenev], you don’t want, time degradations, you can actually put that bet on, this morning. And if it doesn’t work, doesn’t work.” He added: “There are many professionals who are using zero-day through Robinhood because they’ve got the most, they’ve got the cheapest market.”
The CNBC TV show host also commented on how the GPU company needed to “get away from this five clients syndrome.” He believes that if the firm’s only clients are going to be mega-cap technology giants then “We’re all gonna just keep saying, are they ordering? Are they ordering? If you have an order book that includes say, many countries, uh that’d be great.”
Cramer’s co-host David Faber asked him about his recent discussion with Trump advisor Peter Navarro, here’s what Cramer said:
“Okay, so it’s really interesting, really interesting to say that because the larger takeaway was missed. It was meant to be a stop to the Mag 7. It was meant to be, listen, we’re gonna protect you from the honey pot, that so many people, we wake up all the time and we see ‘oh, billion dollar fine by so and so’. . . so Peter thought that it would be welcomed by the tech companies because they’re the ones, they’ve been complaining about it endlessly, but it did not resonate like that. And I think that one of the part is because there was like, oh how about the copper tariff?”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on February 26th.
For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A view of a designer staff in front of a studio with lifestyle apparel they designed.
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.”
Overall, KTB ranks 12th on our list of stocks that Jim Cramer discusses with insights into Zero Day Options. While we acknowledge the potential of KTB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KTB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
