Finally, Cramer was bullish on
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 - Get Report)
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.
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-- Written by Scott Rutt in Washington, D.C.
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