Jim Cramer: China Will Be a Problem for Yum!
Jim Cramer says China will pose headwinds for Yum! Brands.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says China is posing headwinds for Yum! Brands (YUM) - Get Report , as investors await earnings for the company's most recent quarter on Wednesday, after the markets close. 'I think the non-China business is being pulled down by the China business,' Cramer said. 'You can bet on China coming back, but the non-China business is very, very strong.' Yum! Brands is spinning off its China division. Analysts expect Yum! Brands to report earnings of $0.74 a share on sales of $3.07 billion.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
