Trade Tracker: Jim Lebenthal buys more On Holding
2025-12-31_18-44 • 1m 2s
Scott Wapner (Host)
00:00.040
But
Jim,
I
want
to
come
over
to
you.
You
bought
some
on
hold.
Jim Lebenthal (Chief Equity Strategist)
00:02.160
Yeah,
well,
brand
matters
in
retail
and
Steve,
you
are
on
brand
with
that
comment.
Um
uh
look,
I
think
that
the
uh
retail
consumer
has
really
withstood
a
lot
that
has
been
thrown
at
him
and
her.
Uh
we
had
the
shutdown
which
freaked
people
out.
We
had
terrorist
which
freaked
Jim Lebenthal (Chief Equity Strategist)
00:18.160
people
out.
We
had
uh
the
resumption
of
student
loans
and
yet
the
consumer
still
keep
spending.
Now,
that
might
tempt
one
to
say,
"Hey,
you
can
throw
anything
at
the
retail
space
and
make
money.
That
is
hardly
going
to
be
the
case.
You
have
to
picked
stocks.
As
Courtney
was
Jim Lebenthal (Chief Equity Strategist)
00:31.680
pointing
out
with
regards
to
Lulu
Lemon
and
Target,
let's
not
forget
Saks
by
the
way
is
looking
like
it's
about
to
go
bankrupt.
So
it's
not
an
easy
space
to
be
in.
You
have
to
pick
the
winning
brands
and
on
brands
is
clearly
a
winning
brand
right
now.
We
saw
that
in
the
last
Jim Lebenthal (Chief Equity Strategist)
00:46.480
earnings
report.
I
think
we'll
continue
to
see
that
in
the
all
important
holiday
season
which
they
will
report
in
about
a
month
and
a
half.
And
look
this
is
a
stock
and
this
is
a
sector
that
I'm
more
likely
to
rent
than
to
own
long
term.
The
instant
that
I
see
bad
news
on
Ons
Jim Lebenthal (Chief Equity Strategist)
01:00.800
brand,
I'm
going
to
get
out.
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