Urban Outfitters, Inc. (NASDAQ:URBN) saw a 19.9% YTD increase in shares, with a major 22.8% jump in May. Q1 earnings beat estimates, but Q2 saw a 10.7% drop after missing operating income estimates by 24%. Jim Cramer says the stock was “priced for perfection,” suggesting it may be a buy after correction.
Read more at Yahoo Finance: “I Loved The Quarter,” Says Jim Cramer