Jim Cramer's Stop Trading: Investors Want Profits Now

NEW YORK (TheStreet) -- On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, was taking a look at recent initial public offerings.

Zoe's Kitchen (ZOES), which opened for trading in mid-April, is selling off Tuesday. He called the stock "expensive versus the group" of similar restaurant stocks. 

On the other hand, shares of TriNet Group (TNET) are doing well, as they should, he said. The company is "very profitable," Cramer explained. Because of its profitability, analysts such as JPMorgan, Stifel Nicolaus and Morgan Stanley, among others, all recommend the stock. 

While many investors shifted toward growth and away from profitability in 2013, he argued that earnings per share will always be a meaningful and important metric in finance. 

Right now, investors are looking for profitability, not the potential for profitability, he concluded.

-- Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

If you liked this article you might like

Eating McDonald's Stock Might Make You Sick

Investors in Restaurant Stocks Still Need Strong Stomachs

These 5 Amazing Stocks to Own for the Rest of 2017 Aren't for the Faint of Heart

My 5 Favorite Stocks for the Rest of 2017 Aren't for the Faint of Heart

It's Hard to Work Up an Appetite for Most Restaurant Stocks