Health Food Is Selling, But Should You Buy It?

Thursday, July 29th, 2010

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

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

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“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 ..read more