"Panera is part of that rubric," Cramer said. People, Cramer added, will pay a premium for healthy foods. Panera is currently poised to hire 25,000 new employees. Still, Cramer wouldn't recommend buying Panera right now, given that it's a high multiple stock without dividends. Instead, he said he would buy Panera during quick, sharp drops that happens several times a year due to "misinformed selling." Cramer believes that the business of student loan portfolios is picking up, and therefore views Sallie Mae ( SLM) as a "very good" company with many assets. "This company is worth a lot more than $11." Sprint reported a narrower-than-expected quarterly loss Wednesday, which Cramer reacted warmly to. Meanwhile, he noted that Jones Apparel, ( JNY) which also reported on Wednesday and posted better-than-expected earnings, shows that the footwear business in is "alive and well." As a "shoe bull," Cramer also likes V.F. Corp ( VFC). Worries about the company are completely "overblown," he said.
NEW YORK ( TheStreet) -- On his Wednesday Stop Trading! segment on CNBC, Jim Cramer said he thinks that Panera Bread ( PNRA) can be grouped together with Chipotle ( CMG) and Whole Foods ( WFMI) because it offers fast food that is perceived to be good for you.
Cramer's Stop Trading!: Peabody, J&J
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