CNBC's Jim Cramer on Friday offered his take on the stock of Vail Resorts , a ski resort chain whose recent earnings failed to impress Wall Street, saying he likes the company but isn't ready to go to bat for it.

"I think Vail Resorts has potential here, even if I'm not willing to pound the table on this one," he said. "If you want to bet on a comeback, I think you put on a small position now, in recognition of just how cheap the stock's gotten. But I'd like to see more of a turn in the business before truly sticking my neck out for Vail."

While Cramer praised the quality of Vail's portfolio of resorts across the U.S., Switzerland and Australia, he noted that the company hasn't had an easy path over the last few years. Although the stock had been a solid performer, it has "ne

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