Opinions
Jim Cramer - Mad Money
Kontoor Brands
KTB-N
BUY
Oct 26, 2020
$31.960
Stock price when the opinion was issued
clothing
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A bullish is trend is leisurewear in an age when nobody cares if you wear a suit at home Their brands include Lee Jeans. They just scored a new distribution deal, putting it into 2,000 more Walmarts (Target and Amazon are also outlets). BAC just gave them a rare double upgrade from sell to buy and raised estimates, and expects them to restore their dividend as early as Wednesday when they next report.
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A bullish trend is leisurewear in an age when nobody cares if you wear a suit at home Their brands include Lee Jeans. They just scored a new distribution deal, putting it into 2,000 more Walmarts (Target and Amazon are also outlets). BAC just gave them a rare double upgrade from sell to buy and raised estimates, and expects them to restore their dividend as early as Wednesday when they next report.