Jim Cramer Analyzes Gap's Sell-Off After Last Quarter Results

The Gap, Inc. (NYSE:GAP) is one of the stocks in focus as Jim Cramer laid out this week’s game plan. Cramer highlighted the negative market reaction toward the stock after its last earnings report. The Mad Money host said:

“We had The Gap on when they last reported, and I was adamant that the quarter was good, yet the stock got crushed. That was wrong. The stock’s been bid up nicely ever since then. Perhaps that same pattern continues.”

The Gap, Inc. (NYSE:GAP) is an apparel retailer that provides clothing, accessories, and personal care products for men, women, and children. The company’s brands include Old Navy, Gap, Banana Republic, and Athleta. Cramer mentioned the stock during the November 12 episode and said:

“Glum people don’t go out to dinner, do they? They hunker down and stay home, all bummed out, eating ready-made salads and whatever else they can afford from the supermarket without breaking the bank. That’s been a problem for millions of people with the federal employee furloughs and the food stamp cuts, stuff that makes us look like a banana republic. Except I think that that’s an insult to the apparel chain, which is part of a broader turnaround at The Gap, by the way. I know this stock’s inching higher after a quarter I felt was pretty good.”

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