Jim Cramer: It's Hard to Value Zuora but It Has Secular Growth
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said it's hard to value Zuora because it's a rich stock, but the market likes rich stocks.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said it's hard to value Zuora (ZUO) - Get Report because it's a rich stock, but the market likes rich stocks.
Other rich stocks, according to Cramer, include Tiffany (TIF) - Get Report , Restoration Hardware (RH) - Get Report , Ralph Lauren (RL) - Get Report and Canada Goose (GOOS) - Get Report .
"A rich stock is liked if it's got secular growth," Cramer said, adding that Zuora does have secular growth.
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