NEW YORK (
TheStreet's Jim Cramer, co-manager of the
Action Alerts PLUS portfolio, was all about
(ZU), which posted big beats on the top and bottom lines when it reported earnings Monday after the close.
Cramer said the company launches about 4,500 new products every morning, and is one of the few companies that can stack up against Amazon (AMZN). The company deserves to be trading at a higher value, he added, and the shares back him up: they are up nearly 44% Tuesday.
He added that Zulily understands women's apparel better than any other company, and also operates extremely well in mobile e-commerce. This is important because mall-based retail is in a secular decline. "I urge everyone to take a look at ZU," Cramer concluded.
Turning to shares of EOG Resources (EOG), he said the independent oil and gas company is doing extremely well and has excellent growth opportunities.Cramer said the U.S. will eventually be energy-independent, which will benefit EOG Resources as well as other energy stocks he likes including Noble Energy (NBL) (an AAP holding), Continental Resources (CLR), and Cimarex Energy (XEC). "This stock is not overheated, and can go higher," Cramer said of EOG.
- - Written by Bret Kenwell in Petoskey, Mich.
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