"I like this call," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Stop Trading" segment.
He dismissed the notion of a potential Lululemon takeover but noted that while last quarter was disappointing, the company remains a strong brand in retail.
Cramer thinks it possible McDonald's may consider some form of real estate investment trust structure because of its vast amount of real estate, especially since Miles White serves as a director at the company.
White, the CEO of Abbott Labs (ABT) - Get Report , successfully orchestrated the breakup of Abbott Labs and AbbVie (ABBV) - Get Report several years ago, and he could help coordinate this potentially complicated restructure, too, Cramer said.
Cramer said he remains a "huge supporter" of CEO Steve Easterbrook and his recent changes at McDonald's, although the stock seems to have rallied a bit too far, too fast in the short term.
At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.