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Jim Cramer - Mad MoneyOn Holding AGONONBUYMar 22, 2023

A Swiss running shoe company and new to the stock exchange. Shares surged 26% yesterday on a tremendous quarter with 91% revenue growth and a bullish forecast.

Jim Cramer - Mad Money

Unknown

Unlock Rating

N/A

Stock price when the opinion was issued

$38.84

As of Jun 18, 2026. Market Open.

clothing

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SHORT

They report Tuesday. The stock had been too hot, and some felt they had too much inventory. There's now a large short position on this.

PARTIAL SELL

Just reported a strong quarter. However, it was downgraded today and shares fell 10%, but it's still up 71% YTD. Loves their shoes because they are casual, but can be worn for other purposes too. Take some profits, but back those shares $5 lower later.

RISKY

It's losing money, but he feels it's a fine speculative stock.

DON'T BUY

Considering supply challenges Before the Fed's decision to tighten, ONON would have been the one to own in this area of apparel. But now, he prefers Nike which just reported a terrific quarter.

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