TheStreet’s Jim Cramer is watching two battleground stocks next week: Lululemon (LULU) and Restoration Hardware (RH). Lululemon is set to post first quarter results before the bell on Tuesday while Restoration Hardware will release its results on Thursday after the close. While Ed Ponsi, managing director of Barchetta Capital and a Real Money contributor, thinks Lululemon stock is a short, Cramer is questioning whether it’s a short or a long. To him, it seems like a battleground stock. Analysts on Wall Street are expecting earnings to dip to $0.33 per share from $0.34 per share in the year ago period. Revenue is expected to rise about 9 percent to $418 million for the quarter. The athletic apparel maker has beat consensus estimates for every quarter in the past four years so investors will be looking to see if the company will blow past estimates again. Restoration Hardware reports its latest quarterly results after the close Thursday. Cramer says he really likes the management team at the home furnishings retailer. He says investors need to take a longer term view of this stock. If the stock comes in, buy it, he says. The company has said that this year is a bridge year, so don’t make a decision to sell the stock if you’re not crazy about the number, Cramer said. The stock has an average rating of BUY with a consensus price target of $101.91. Other companies reporting next week include restaurant and entertainment chain Dave and Busters (PLAY), off price retailer Burlington Stores (BURL), cloud storage company Box (BOX), clothing retailer Men’s Wearhouse (MW), and 3-D printing company Exone (XONE).
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