NEW YORK (
"has to rethink itself," said Jim Cramer on
"Stop Trading!" segment on Wednesday. "This was an awful quarter. I can't defend it."
He said that he's liked the company before, and he'll take another look if it goes to $38. But based on its quarter, he thought it was "the worst of the integrateds."
also had a "horrible quarter," he said.
After reading a
Tampa Bay Tribune
article about the troubles faced by
client Beef O'Brady's, Cramer recommended buying its competitors, such as
Buffalo Wild Wings
. He also mentioned
People who bought
Bed Bath & Beyond
off Linens 'n' Things ended up making money," he said, and the same for those who bought
off of Circuit City's demise.
--Rebecca Corvino is based in New York.
(Editor's note: At the time of publication, Cramer had no positions in stocks mentioned for his Action Alerts PLUS charitable trust.)