Jim Cramer recently discussed Burlington Stores, Inc. (NYSE:BURL), whose shares are flat year-to-date. The stock saw an 8.7% jump after its fourth-quarter earnings beat estimates. Revenue increased by 10% in the second quarter, leading to a 5.3% share increase. Cramer praised the company’s performance, calling it “unbelievable.”
Following Burlington Stores, Inc. (NYSE:BURL)’s positive earnings report, Jim Cramer praised the firm for having a “really, really good quarter.” While BURL shows potential as an investment, some believe that AI stocks offer higher returns with limited risk. Check out a report on the best short-term AI stock for more information.
For those interested in investing, consider exploring 30 stocks that are projected to double in 3 years or 11 hidden AI stocks with potential. This article was originally published on Insider Monkey.
Read more at Yahoo Finance: Burlington Stores, Inc. (BURL) Is Just “Unbelievable,” Says Jim Cramer