Shoe retailer On Holding AG (NYSE:ONON) reported impressive Q3 earnings, with revenue of CHF794 million and CHF0.47 in earnings, beating estimates. Full-year guidance was raised to CHF2.98 billion, surpassing expectations. Short sellers had doubted the stock, but it surged 20% post-earnings, catching Jim Cramer’s attention for its strong management.

Jim Cramer praised On Holding AG (NYSE:ONON) management, calling them “so good” and highlighting their performance. Despite potential in ONON, some believe other AI stocks offer better returns with less risk. Investors seeking cheap AI stocks should consider other options.

For more insights on potential stock growth, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” This article was originally published on Insider Monkey’s website.

Read more at Yahoo Finance: On Holding’s (ONON) Management Is “So Good,” Says Jim Cramer