Wall Street Has No Clue About Cintas
The only overalls on Wall Street are on hipster 20-somethings walking around the stock exchange.
According to TheStreet's Jim Cramer, the Wall Street suits have failed to grasp why people love the Cintas Corp. (CTAS) - Get Report brand. The corporate uniform company is known for its mass appeal to Middle America.
"People on Wall Street do not wear overalls. They don't know the power of Cintas," Cramer said at TheStreet's Financial Success Strategies teach in on Oct. 28.
Cincinnati-based Cintas has had a banner year so far on an improving industrial economy in the United States. In the three months ended Aug. 31, Cintas reported earnings of $1.48 a share, easily topping FactSet analyst expectations of $1.30 a share.
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