Jim Cramer's Top Stock Picks: DIN PRGO

Cramer says DineEquity delivers for shareholders while Perrigo will benefit from the Lumber Liquidators investigation.
By Scott Rutt ,

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NEW YORK (TheStreet) -- Here are some of the hot stocks Jim Cramer talked about on Tuesday's Mad Money on CNBC:


DIN data by YCharts

DineEquity (DIN) - Get Report: In honor of National Pancake Day, Cramer sat down with DineEquity's CEO to learn that this company's best days are still ahead. Not only does the company have a capital allocation strategy that rewards shareholders with a dividend and share buyback program, but there are plenty of opportunities for growth domestically and internationally. Cramer said DineEquity delivers not only for charity with Pancake Day, but also for its shareholders.

PRGO

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YCharts

Perrigo (PRGO) - Get Report: Why did shares of this generic drug maker rally $3 yesterday on no news? Cramer said it might have something to do with, of all things, the investigation into Lumber Liquidators (LL) - Get Report and how the company's Chinese-sourced products may be making people sick. Cramer explained that this story is just another in a series of recent concerns over questionable Chinese products, which includes vitamin supplements that have been pouring into the U.S. will little oversight as to their labeling. Cramer posited that after the Lumber Liquidators story, drugstores will be taking a closer look at their supplement aisles and quickly replacing questionable items with Perrigo's that are made in South Carolina.

To read a full recap of "Mad Money" on CNBC, click here.

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-- Written by Scott Rutt in Washington, D.C.

At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.

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