On today’s Stop Trading on CNBC, Jim Cramer came out discussing Buffalo Wild Wings (BWLD-NASDAQ) after the stock rose more than 14% to a new 52-week and all-time high after the company beat earnings estimates. The company makes one-third of its money from beer and buffalo sauce, and he can’t imagine why 1/3 of the float was short. But Chipotle (CMG) is the one he said is the stock of the day, and may be a multi-year grower.
He also said the market is remarkable and we all came in too bearish at the start of the year. Cramer still thinks the market is decelerating inside the US and the rest of the world is rising while we are not.
Cramer called Liz Claiborne (LIZ) as the worst retail conference call of the quarter, same as I noted yesterday.
Jon C. Ogg
May 2, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers
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