The Gap, Inc. (GAP): 'I'm Really Not Worried,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where The Gap, Inc. (NYSE:GAP) stands against other stocks that Jim Cramer discussed.
The Gap, Inc. (NYSE:GAP) is an iconic American apparel company. The firm's shares are down by 7% year-to-date primarily due to a massive drop in May end. The Gap, Inc. (NYSE:GAP)'s stock sank by a whopping 20% after the firm revealed that tariffs would squeeze its bottom line in 2025. The shares were hit particularly hard since the firm is currently undertaking a turnaround strategy through which it aims to lower costs by streamlining operations and consolidating its brands. Cramer has been appreciative of The Gap, Inc. (NYSE:GAP)'s CEO Richard Dickson in his earlier comments. Here's what he said this time around:
"I'm really not worried about GAP as analyst, one after another wakes up to the idea that Richard Dickson has done a remarkable job."
Ahead of The Gap, Inc. (NYSE:GAP)'s tariff warning, Cramer was optimistic about the stock. He had given viewers his "blessing" to pile into the stock:
'Hey, speaking of retail, ever since Richard Dickson became CEO of the Gap, almost two years ago, he's been busy reinventing the place. We've had him a number of times. It is working people, and since the last quarter, analysts have been falling all over themselves about this story. And now here's one that if it comes down ahead of the quarter, you have my permission, no, my blessing to pull the trigger and do some buying. Fall into the Gap.'
Overall, GAP ranks 10th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of GAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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