Jim Cramer On Ford And Coach (F, COH)

On CNBC's Stop Trading segment today, Jim Cramer said that he remains bullish on Ford F and likes the way that the company is restructuring its capital structure. He said, "you have to watch the capital structure with Ford." Cramer also talked about the short squeeze that is taking place on Tuesday in Coach COH. He said that hedge funds have been targeting this name and that after today's earnings numbers, they are now covering. COH reported EPS of $0.63 compared to analysts' estimates of $0.55. COH shares have jumped 12.46% today to $50.03. The stock is trading at a new 52-week high. Coach, Inc. (Coach) is a marketer of fine accessories and gifts for women and men. Coach's product offerings include handbags, women's and men's accessories, footwear, business cases, jewelry, wearables, sunwear, travel bags, fragrance and watches.
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Posted In: CNBCJim CramerIntraday UpdateMediaApparel, Accessories & Luxury GoodsAutomobile ManufacturersConsumer Discretionary
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