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Cramer Quick Take: Five Below Is Still a Buy

Tickers in this article: FIVE
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

NEW YORK (TheStreet) -- Analysts may have been disappointed with the outlook at discount retailer Five Below , but Jim Cramer told Debra Borchardt at Thursday that when you have a high-quality growth name like Five Below and things go wrong, you buy on the weakness.

Cramer said Five Below is a company that could open 10 times as many locations as it has now and growth like that would be hard to find. Yes, the company suffered some supply chain and weather issues, he said, but those are short-term problems that create buying opportunities because the company fundamentals remain solid.

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-- Written by Scott Rutt in Washington.

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