Finally, Cramer was bullish on Regeneron (REGN) and said he would be a buyer.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer told viewers not to extrapolate that all of China must be weak just because Yum Brands (YUM) reported a 4% decline in same-store sales. He said the Chinese picture may be mixed for many U.S. companies operating there, but he's still bullish on the country's long-term prospects.
Cramer said the restaurant stocks have been difficult to invest in recently but he's not ready to give up on Yum quite yet. He said sellers will probably get a better time to sell during the company's upcoming analyst day next week.
In the meantime, Cramer said he likes another China growth story, Starbucks. He said he would be a buyer of Starbucks on any weakness as that company is delivering in both China and in the U.S.To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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