Jim Cramer recently discussed On Holding AG (NYSE:ONON), a Swiss athletic apparel retailer whose shares have dropped by 19% year-to-date due to inflationary effects. Despite this, Cramer remains optimistic about the company’s potential for growth. He mentioned that the stock has been in a holding pattern, but believes it has the ability to overcome challenges. While ONON is seen as a good investment, some AI stocks may offer better returns with limited downside risk. For more information on AI stocks, check out the report on the best short-term AI stock.

Read more at Yahoo Finance: On Holding AG (ONON) Is One Of My Favorite Companies, Says Jim Cramer