Is Ralph Lauren Stock Sharply Dressed?

Is Ralph Lauren Stock Sharply Dressed?
·1 min read

Jim Cramer told Mad Money viewers on Monday that investors should consider Ralph Lauren , which used the pandemic to close underperforming stores and is now on a solid footing for reopening. Prices have rallied into March but the 12-day price momentum study in the bottom panel shows lower highs from early December to now. Bottom-line strategy: RL could continue higher but the bearish divergence from the price momentum study suggests that maybe most of the good news on RL has already been discounted.