Jim Cramer - Mad Money Burlington Stores BURL-N BUY May 24, 2024

It reports next week, but because of Ross Stores' strong report this week, Burlington will really have to deliver a whopper of a report--the bar has been raised.

Reports this week. Have expanded aggressively, but sales per store has weakened. Their report last August was good, but not guidance. This is a tough one to call. Prefers TJX in the off-price space.

There's more upside to come. Short interest is relatively high. Use yesterday's low to enter.

They don't pay tariffs on their goods. Rather, the initial importers in the US pay.