Yes you can easily, just follow the steps below.
Click the "Text" icon in the Studio, then pick whichever you prefer. In this case we picked "Heading".
Click the "Stroke" button to display your choices. You can change stroke width as well, in this example we changed it to 3, and picked the color red.
Now, click on "Text Color" and click the Transparent choice.
Now you have an outlined image.