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Jim Cramer said on Monday's "Mad Money" he is sticking with Lululemon athletica inc. LULU. He likes Lululemon at current levels and sees shares reaching the $200 level.
“They have had a series of unbelievable quarters. They have amazing management,” said Cramer.
In referencing a recent downgrade, Cramer said there are 100 stocks he would downgrade before Lululemon. “I'm sticking with it,” he said.
Lululemon shares closed Tuesday at $179.95. The stock has a 52-week high of $190.52 and a 52-week low of $110.71.
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