Jim Cramer says this sportswear business ‘smoking hot’

Jim Cramer says this sportswear business ‘smoking hot’

CNBC’s Jim Cramer said Tuesday that he remains a fan of On Holding (ONON), despite Wall Street’s sour response to the Swiss sportswear firm’s second-quarter earnings. Shares of On Holding plunged 17% Tuesday, to under $29 each. Last week, On Holding stock closed at a 2023 high of $36.51 a share. Cramer shrugged off foreign-exchange … Read more