Jim Cramer Says Keep Victoria’s Secret on Your Radar Screen
Jim Cramer says that while Goldman is very negative on shares of L Brands right now, the owner of Victoria's Secret may be one to watch.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said that while Goldman is very negative on shares of L Brands (LB) - Get Report right now, the owner of Victoria's Secret may be one to watch. Goldman Sachs lowered it's rating on the shares of L Brands to HOLD from CONVICTION BUY. Cramer said, 'Victoria's Secret is breaking out from Pink, I think that's very smart. I also like Bath & Body Works.' Cramer believes 'When this one settles down, I think you want to take a look at is. Right now, Goldman is in control and they're very negative.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
