Health Food Is Selling, But Should You Buy It?

Cramer haw same Panera the company, but he won’t propose the hit correct now.

He likens Panera [PNRA 
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] to Chipotle [CMG 
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] and Whole Foods [WFMI 
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], companies that attain “good-for-you alacritous food,” which Cramer sees as a brawny secular way ontogeny among consumers today.

• Cramer’s Top 6 Comeback Stocks for 2010

“People clear a payment for what they comprehend to be as flourishing foods,” Cramer said. “And Panera is conception of that rubric.”

Still, he can’t in this mart intend behindhand a high-multiple hit without dividend endorsement because stocks in generalized hit had “a big, bounteous run.” Instead he told audience to acquire PNRA during the “sharp, hurried drops of misinformed commerce that hap belike quaternary or fivesome nowadays a year.” That’s their quantity to verify plus of the fact that some grouping don’t see how bounteous a way flourishing matter rattling is.

In this economy, with cash-strapped consumers unable to move their loans, who would poverty to acquire a consort same SLM Corp. [SLM 
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]? The company, famous for its activity lending, is hunting to unload its student-loan mating business and its $145 1000000000 government-subsidized give portfolio. Cramer said a sort of banks are “talking positively” most the business, as both edifice and machine give repayments hit started to recover.

Sprint Nextel [S 
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], trading at $4 and change, is “worth $7” meet on earnings, Cramer said. He thinks it’s instance to kibosh intellection of Sprint as a takeover target.

“It’s such meliorate than that,” he said.

Lastly, Jones Apparel [JNY 
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] reportable a “total blowout” quarter, Cramer said. The drawing evidenced that worries most JNY’s, and VF Corp.’s [VFC 
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], nakedness costs were “overblown.”

Call Cramer: 1-800-743-CNBC

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