Jim Cramer's Stop Trading Sept. 27th
Chipotle (CMG) might be expensive, but it's a solid stock that has momentum, Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.
CKE Restaurants (CKR), the owner of Carl's Jr. and Hardee's, is cheaper, but as an investor, you want to buy a company that's expanding and putting up stores, Cramer said.
Chipotle is a "concept" stock that reminds him of Starbucks (SBUX) six to eight years ago.
He also recommended reading a Bank of America research report on Starbucks, in which the coffee-shop owner was downgraded to sell. He said he wished the report had been written earlier, but it was very well researched.
CKE Restaurants (CKR), the owner of Carl's Jr. and Hardee's, is cheaper, but as an investor, you want to buy a company that's expanding and putting up stores, Cramer said.
Chipotle is a "concept" stock that reminds him of Starbucks (SBUX) six to eight years ago.
He also recommended reading a Bank of America research report on Starbucks, in which the coffee-shop owner was downgraded to sell. He said he wished the report had been written earlier, but it was very well researched.
Labels: CKR, CMG, Jim Cramer, SBUX, Stop Trading
posted by Stock Administrator @ 9:57 AM
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