Jim Cramer's Stop Trading! Buy Yum
Yum Brands
(YUM) - Get Report
is "so good" that it's going to $76 from a recent $66.83, Jim Cramer said Friday on
CNBC's
"Stop Trading!" segment.
Cramer said Yum's KFC is "the dominant food in China," which is why Friday's Deutsche Bank upgrade makes sense. Cramer notes that the stock is up 20% in recent months off this spring's rodent filming at a Taco Bell in New York's Greenwich Village.
Cramer also likes
Nastech
(NSTK)
and
Acadia
(ACAD) - Get Report
heading into next week's biotech conferences, saying that Nastech is playing a secular trend with its obesity drug and that Acadia has a treatment for Parkinson's disease and schizophrenia that doctors are excited about.
Cramer said
Sanofi
(SNY) - Get Report
is a "great story to trade" off next Wednesday's expected Food and Drug Administration decision on its Acomplia weight-loss drug. Cramer said the FDA "is under great pressure" on obesity.
At the time of publication, Cramer had no position in stocks mentioned.
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