Jim Cramer recommends Kontoor Brands, Inc. (NASDAQ: KTB) due to benefits from acquiring Helly Hansen
Jim Cramer discussed Kontoor Brands, Inc. (NASDAQ:KTB) in his “Idea-Driven” market, citing its struggles in 2025 and recent benefits from acquiring retailer Helly Hansen. Cramer recommended the stock following Goldman Sachs’ Conviction List placement due to the potential of Helly Hansen’s brand. The stock has seen recent growth and interest.
Cramer acknowledged KTB’s acquisition and earnings in March, apologizing for a previous report where he didn’t know about the poor forecast. Despite potential in KTB as an investment, some AI stocks may offer greater returns and less risk. A report on the best short-term AI stock is recommended for those seeking AI investments.
For more on AI investments, check out the 20 Best AI Stocks To Buy Now and the 30 Best Stocks to Buy Now According to Billionaires. This article was originally published on Insider Monkey.
Read more at Yahoo Finance: “People Want, Ooh, Hally Hansen,” Says Jim Cramer