Jim Cramer on Tapestry: “Buy Half of It, and Then If It Falls, Buy Some More”

Company Overview - Tapestry, Inc. (NYSE:TPR) designs and sells handbags, accessories, footwear, and apparel, with notable brands including Coach and Kate Spade [2]. Investment Sentiment - Jim Cramer highlighted Tapestry as a stock to consider, emphasizing that research indicates a strong interest among high school students for Coach handbags, suggesting a positive market sentiment [1]. - Cramer expressed enthusiasm for turnaround stories in retail, noting that Tapestry is currently experiencing a positive transformation under CEO Joanne Crevoiserat, which could lead to significant long-term gains for investors [2]. Market Context - The retail sector is characterized by challenging comebacks, but successful turnarounds can yield substantial rewards, as seen with other companies like Gap and Williams-Sonoma [2].