Canada Goose and Workday Are Killing It, Says Jim Cramer

Everyone seemed to be laughing at Jim Cramer, manager of the Action Alerts PLUS portfolio, when he said he liked Canada Goose Holdings (GOOS) . Those critics will be laughing no more.

Shares of Canada Goose are up roughly 10% Friday after the company reported a robust earnings report. Exceptional revenue growth north of 20%, expanding gross margins and a strong outlook through 2018 have investors cheering the stock.

"Canada Goose is going higher," Cramer said on CNBC's "Stop Trading" segment, before turning his attention to another earnings story.

On Thursday after the close, Workday (WDAY) beat on earnings per share and revenue expectations. However, shares initially traded lower by 3%, before rebounding to slightly positive territory in early-Friday trading. "Will you give me a break?" Cramer asked, referring to the stock trading lower rather than higher.

Management is crushing it right now, as Workday added key customers that include Amazon (AMZN) , Walmart (WMT) and Target (TGT) , he explained.

Earnings of 29 cents per share came in 13 cents per share, or 81%, above analysts' expectations. Revenues grew 38% year over year, Cramer noted, pointing out that Workday has vastly improved its rate of growth. There's revenue acceleration going on at Workday, he said.

Both Workday and Canada Goose are doing very well, Cramer concluded.

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At the time of publication, Cramer's Action Alerts PLUS had no position in any companies mentioned.