Jim Cramer's Stop Trading: Don't Ignore Consistent Growth at Foot Locker

NEW YORK (TheStreet) -- On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said some investors simply seem to "yawn," even when certain companies continue to consistently deliver strong results. 

For example, Foot Locker (FL) delivered "so, so well," when it reported 7.6% comparable-store sales growth for its most recent earnings quarter. He added, "This is one of the best operators in retail."

Or take a look at Chipotle Mexican Grill (CMG), which Bernstein reiterated as a buy. 

The company delivered comparable-store sales growth of 13.4% in its most recent quarter. Cramer said the company has been weighed down by increasing input costs. 

But Chipotle has room to raise prices and therefore increase gross margins, he argued. Not many companies can do that right now, he concluded, saying he agrees with Bernstein's recommendation.


-- Written by Bret Kenwell in Petoskey, Mich.

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

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