Three years ago
was "this ridiculously poorly run company that traded at $12;" today it is a $39 stock that pays a $1 dividend, Jim Cramer said on his
"RealMoney" radio show Wednesday.
The lesson here is: Although sometime people might feel like leaving the game, they can make money by "keeping their eyes open," he said.
Three years ago, the fast food company had "dirty" restaurants, "a clouded future" and food that was not so good, Cramer said. But now, McDonald's brings us great salads, cleaner restaurants and better menus.
"The management turned the company around," he said. "Rather remarkable, but it can be done ... even with increased competition from places like
The next turnaround could be
, which Cramer owns for his charitable trust,
Action Alerts PLUS, he said.
"You need to keep your eyes on all of these, because when they turn, they never look back," Cramer said.
Cramer said he believes people should not leave
is also not done going up.
should be "your next play," he added, and when
comes out with its next same-store sales, people are going to be "shocked."
It's not too late to get in Starbucks," Cramer said.
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
At the time of publication, Cramer was long Sears.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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