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Stockchase Opinions

Jim Cramer - Mad MoneyLevi Strauss & Co.LEVIBUYOct 07, 2020

It delivered an excellent last quarter, beating street estimates of sales of $800 million by reporting $1 billion. Levis made major investments in direct-to-consumer online sales. It popped 5% today and has been rallying recently. Guidance for the next quarter was excellent.
$15.49

Stock price when the opinion was issued

$23.70

As of Jun 18, 2026. Market Open.

Consumer Products
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PARTIAL BUY

Could benefit from the weight-loss drug boom, because those who take those drugs will need need jeans. But the company reported a weak quarter and cut guidance.

DON'T BUY

Today, it reported an earnings and sales beat, but shares fell 16%. They lowered their full-year gross margin outlook a lot, but didn't touch earnings guidance. Also, they forecast a sales decline around 8-12% this quarter.

BUY
Delivered today small revenue and earnings beats, plus a bullish full-year forecast. Accomplished, because the apparel group has had a tough time.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 12/22, Down 11.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LEVI has triggered its stop at $15. To remain disciplined, we recommend covering the position at this time.
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PAST TOP PICK
(A Top Pick Jul 12/22, Down 2.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LEVI is progressing well. We now recommend to trail up the stop from $13 to $15.
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TOP PICK
Stockchase Research Editor: Michael O'Reilly With net sales up almost 15% over the year, this iconic global brand is a TOP PICK. Recently reported earnings beat expectations by over 25% and support a stellar 40% ROE. It trades at 12x earnings, compared to peers at 30x. Management guidance remains online and projects growth continuing through the balance of the year. We recommend a stop loss at $13, looking to achieve $27 -- upside potential over 55%. Yield 2.4% (Analysts’ price target is $27.09)
BUY
Retail is on fire and has more room to run. Levis reported a blow out quarter over a month ago. Also, it has a huge sustainability operation by using fewer resources and generating less waste.
BUY
Though apparel companies are struggling due to global supply chain worries, LEVI is thriving. The company is well-run and denim is back in style. The stock jumped to $30 in July but has drifted lower to $24. They reported a blowout after today's close. Q3 net revenues are up 41% YOY powered by strong margins. Management guided conservatively. There is room to run.
BUY
He expects good numbers from them when they report Wednesday. We're in a denim wave.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 13/20, Up 59.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LEVI has triggered its stop at $25. We recommend covering the remaining position at this time. Combined with the previous recommendation to cover half the position, this results in a total net investment return of 50%.
TOP PICK
A play on the consumer getting back out. A trend that tailored fit has been popular. This has now changed to more wide legged jeans. Likes the space and company, as well as the growth factors. It is moving sideways and there will be more traction coming up. (Analysts’ price target is $35.27)
BUY
They had a great quarter, but is stuck, but the outlook for the denim cycle is fantastic. He recommended it before and still does. Stick with it.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 13/20, Up 77.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LEVI is progressing well. We recommend trailing up the stop (from $22.50) to $25.00. Along with the previous recommendation to cover half the position, this would all but guarantee a net investment return of 50% if triggered.
BUY
An example of the checkmark-shaped recovery where companies are doing better now than before Covid. Yesterday, they reported a great quarter, based on 35% of Americans changed waist sizes during their pandemic, so they bought new pants.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 13/20, Up 76.2%)Stockchase Research Editor: Michael O'Reilly We are recommending trailing up the stop to $22.50. This would all but guarantee a minimum investment return of 42%, including the previous recommendation to cover 50%.