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Jim Cramer on Five Below: “I Think It’s Got More Room to Run”
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Five Below, Inc. (NASDAQ:FIVE) is one of the stocks mentioned during the show, as we cover everything Jim Cramer said about the oversold market. Cramer highlighted the company’s “incredible set of numbers,” as he commented: Last night, we got an incredible set of numbers from Five Below. The discount retailer’s made a monster move over the past 12 months, and the stock shot up more than 10% today. You just can’t keep a good stock down, can you? This spectacular quarter almost came out of nowhere… There was some concern, real concern, that Five Below might blow up. Instead, Five Below shot the lights out. How’d they do it? Okay, keep in mind that Five Below has been roaring in large part because the company’s under new management. When the old CEO stepped down in July of ‘24, he was not doing that good a job, frankly. The company was having an identity crisis, making a push to sell product that costs more than $5 while pursuing an aggressive growth plan. A stock market data. Photo by AlphaTradeZone on Pexels Five Below, Inc. (NASDAQ:FIVE) sells a wide range of low-priced essentials, decor, tech accessories, toys, crafts, snacks, and seasonal items. While we acknowledge the potential of FIVE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.