Jim Cramer Pushes the Buy, Buy, Buy Buzzer on Ollie's Stock

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) is one of the stocks Jim Cramer spoke about recently. Answering a caller’s query regarding the stock, Cramer remarked:

“Ah, man, I’m a member of Ollie’s army. Never go to one of the army members and think that he’ll doubt Ollie’s [buy, buy, buy].”

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) sells discounted closeout and excess inventory across home goods, food, toys, electronics, and more. Some of the company’s brands include Ollie’s, Good Stuff Cheap, American Way, Sarasota Breeze, and Real Brands Real Bargains. During the April 2 episode, a caller asked whether they should buy, sell, or hold the company’s stock, and Cramer replied:

“Oh, you want to buy Ollie’s? That is a closeout operation. I’m a member of Ollie’s army. I know this stock is up. It should be up. It’s right near its high. It belongs near its high. It’s a winner in this environment, especially after tonight.”

Since the above comment, Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) stock is up 3%.

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Disclosure: None. This article is originally published at Insider Monkey.