Bachelder also noted Popeye's is increasingly becoming a national advertiser and is growing its footprint at 4% a year. The company is closing underperforming stores and opening new ones in different neighborhoods and recently purchased 29 former KFC locations out of bankruptcy. AFC is also currently about one-third complete in the remodeling of it's stores, something that will be completed at all locations in three years.
Cramer once again praised Bachelder for a remarkable turnaround and growth story. He continues to recommend the stock.
In the Lightning Round, Cramer was bullish on
American Capital Agency
Cramer was bearish on
Taking a Schein to Doctors
In his second "Executive Decision" segment, Cramer sat down with Stanley Bergman, chairman and CEO of
(HSIC - Get Report)
, a medical products supplier to doctors, dentists and veterinarians.
Bergman explained his company supplies doctors and dentists with everything from latex gloves to dental drills to flu vaccines. Prevention is a big component of Henry Schein, which is why the company has supplied 6.8 million doses of flu vaccines this year, helping to make this year's flu one of the mildest in recent memory.
Henry Schein is also active in acquisitions, said Bergman, who noted that his company does about 20 deals a year and currently has a full pipeline of deals in the works. Shein also has a thriving pet business, said Bergman, thanks in part to baby boomers increasingly turning to pets as companions.
Cramer reiterated his recommendation of Henry Schein, another recession-proof business he said will not be falling off the fiscal cliff in 2013.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer told viewers what he thinks of
, an Action Alerts PLUS holding.
Cramer said Apple is among those companies he's dubbed the "FCS" or fiscal cliff stocks, stocks that just make too much sense to sell now ahead of what will most likely be higher capital gains tax rates next year. He said many feel it's better to pay the tax man $1 today than possibly $2 or $3 after Jan. 1.
Cramer said it would be greedy not to take something off the table now given Apple's big gains, which is why he's been taking profits in his trust of late. Once we get some clarity on the fiscal cliff, then we will know how to value Apple's growth, said Cramer. Until then, the tax man is in charge.
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-- Written by Scott Rutt in Washington, D.C.
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