Yum! Earnings, Whole Foods Rejects Mini-Tender, Jim Cramer's Pick

We're gearing up for third quarter earnings, and on Tuesday, October 7, Yum! Brands is set to report numbers -- however, the stock has been on a recent slide, seeing investors spooked by analysts' scaling back their projections. A beat Tuesday will go a long way for KFC. Also Whole Foods hasn't done much to wow investors lately, but there's still at least one firm that feels the company is undervalued. This time, Whole Foods isn't eager to take on private money, however. And Jim Cramer's Action Alert Pick of the day got a big boost as we await the conclusion of Brazilian elections -- a runoff at the end of the month has gassed up Vale, and Cramer has a hefty target on the stock.