|Day Low/High||78.96 / 79.05|
|52 Wk Low/High||49.11 / 63.00|
In many ways, retail and restaurant names have gotten too hard to fathom.
Popeyes Louisiana Kitchen delivers on its promises while Perrigo remains a great story with strong prospects, Cramer says.
Popeyes Louisiana Kitchen (PLKI) stock is surging Thursday after the restaurant chain reported better-than-expected revenue and earnings in its first quarter.
Cramer says GW Pharmaceuticals is good for the long term and sees Popeyes Louisiana Kitchen going higher.
Sometimes this wacky market has a mind all of its own, Cramer says.
TheStreet's Jim Cramer notes Popeyes Louisiana Kitchen (PLKI) reported its latest quarterly results that were "nothing to write home about," but the stock still increased. He reasons the stock has the potential to soar once the company reports earnings that beat expectations. Cramer expects this to happen under the leadership of CEO Cheryl Bachelder, one of his "Bankable CEOs." Bachelder has produced incredible performance for Popeyes in the last several years, similar to Sally Smith (another "Bankable CEO") at Buffalo Wild Wings (BWLD). Cramer says now is an opportunity to get into Popeyes before it starts to report strong numbers and the stock surges. Once it does, he thinks the stock could hit $50.
Jim Cramer says Popeyes' latest quarter was 'nothing to write home about,' but shares still climbed higher, a testament to CEO Cheryl Bachelder's leadership.
Jim Cramer talks to two CEOs about what's new in the restaurant sector given ever-changing consumer tastes.
If Nelson Peltz likes Mondelez, so does Cramer, he says, while UPS is delivering a buying opportunity.
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