Monday, February 6, 2012
Cramer Positive on VF Corp (VFC)
Tonight on CNBC’s MAD MONEY, Cramer said that VF Corp (VFC-NYSE) is one of his fallen angels because last week lost 7% on the guidance coming in light after it sold off a low-margin unit is too much. He did talk to the CEO last week, so this is not exactly a huge mover on his part today. He said it will grow 8% annually and 5% internationally. Cramer said it can go back up to where it was easy and the way the company is followed on the street you may see many upgrades on it. He would be a buyer ahead of the February 6 earnings report. The stock did trade up 1% to $74.78 after Cramer noted this tonight.