Jim Cramer on V.F. Corporation (VFC): "We're Still in a Holding Pattern"

We recently published a list of Jim Cramer Put These 14 Stocks Under the Microscope. In this article, we are going to take a look at where V.F. Corporation (NYSE:VFC) stands against other stocks that Jim Cramer discusses.

While discussing V.F. Corporation (NYSE:VFC), Cramer said that he needs to see some positive sales growth before he is bullish on the company again.

“The apparel and footwear retailers, they’ve struggled…. Why don’t we start with V.F. Corp?…. For the past couple of years, I’ve been rooting for V.F. Corp ever since they brought in Bracken Darrell from Logitech to take over CEO. I figured he could eventually turn things around, and eventually is the operative word here, and around this time last year, V.F. Corp started to get back on track…

So back to the operative question, can these fallen retailers, and specifically in this case. V.F. Corp, make a comeback? The short answer for V.F. Corp is not quite yet. I think we’re still in a holding pattern with this one despite the fact that the stock had a nice gain amid today’s market rally, climbed nearly 13%… My view, the company absolutely has taken out some big costs as margins have improved meaningfully over the past year… I know that the stock might start moving higher before the turnaround actually arrives. That happened once, right? But in a perfect world, I’d like to see sales growth turn positive before I can declare V.F. Corp officially back, so to speak…

Here’s the bottom line: We saw in the back half of last year just how quickly the stock can climb higher when the news flow gets even just a bit better. But we’ve also been reminded this year about how quickly V.F. Corp can stumble when things get tougher. And at this point, after such a prolonged period of underperformance, I myself do not feel comfortable sticking my neck out before I see some real signs of improvement, especially at Vans.”

V.F. Corporation (NYSE:VFC) designs and sells branded apparel, footwear, and accessories for all ages. The company features famous brands like The North Face, Vans, and Timberland.

Overall, VFC ranks 8th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of VFC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VFC and that has 100x upside potential, check out our report about this cheapest AI stock.

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