, Jim Cramer said Monday on
"Stop Trading!" segment.
Cramer said the Pittsburgh-based aluminum company won't be public by the end of the year. He pointed to Monday's reports that
of Australia will buy the company, which is busy trying to take over Canada's
Cramer called a downgrade of
ahead of Wednesday morning's earnings "gutsy," saying it highlights the weakness of the domestic economy. But Cramer cautioned against selling the stock, which is down around 1.5% Monday, because "what worries me is, can you ever get back into FedEx" after a downgrade should the stock resume rising.
biggest problem is that the franchisees don't like management. He expects the company to be sold to private equity because there is room for a third burger chain after
, which he calls a better stock, and
At the time of publication, Cramer had no position in stocks mentioned.
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