Coach to Close Stores, and Jim Cramer Says That Makes the Stock One To Buy

Coach had a great quarter according to Jim Cramer, who says the stock is one to buy.
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Coach (COH) had a great quarter according to TheStreet's Jim Cramer, who says the stock is one to buy. Coach reported earnings that beat estimates even as revenue came in a bit light, and the company plans to close some of its factory outlet stores. Cramer thinks the store closings will be a positive for the stock.