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Why Jim Cramer Would Add American Eagle to His Portfolio

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American Eagle  (AEO)  is up around 62% in the past year. 

The retailer is not one of the most popular retail stocks, but it's been quietly prevailing. 

The company has announced that, in the coming years, it will close around 200 stores and will focus heavily on Aerie--which is why Jim Cramer likes the stock.

This was announced in a virtual meeting with investors.

Watch: Everything Jim Cramer Is Watching in the Stock Market Friday

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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