Jim Cramer and Jack Mohr Reflect on Their Top Pick for 2016

Panera recently reported impressive fourth-quarter results and initial 2016 guidance which was topped only by management’s compelling conference call. Action Alerts PLUS Portfolio Manager Jim Cramer and Director of Research Jack Mohr had selected Panera as their top pick for 2016 back in mid-December and reiterate their continued bullishness following the company’s exceptional results, guidance and convincing conference call which squashed any lingering concerns around the company's strategic initiative, ongoing brand transformation and visibility into Panera's long-term growth trajectory. Management gave investors every reason to believe in their long-term growth story, not through vacuous promises but rather an array of tangible, empirical evidence.