This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive
compensation for actions taken through them.
Cramer on CNBC’s Mad Money also came out in favor of YUM! Brands (NYSE:YUM) tonight. He said it is one you buy every time it pulls back. The growth from China is huge, and the company serves up the right menu at the right price. Cramer is a fan of all Taco Bell, KFC, and Pizza Hut.
David Novak, Chairman & CEO, came on for a quick interview. He was bullish of course, but not unrealistically. He said the company does have to deal with food inflation. The major factor for the company is its international growth as it is opening a store per day in China.
Here are some more tid-bits investors should consider:
- We said the franchisee rat infestation would pass as a great buying opportunity. It was.
- We have noted this as a second-line defensive stock, and it really is; maybe it is a growth stock AND a defensive stock.
- They have NO NEED to buy Wendy’s (NYSE:WEN) and they won’t.
YUM! closed down 0.6% today at $34.03, but its adjusted year high after a split is $35.05 and the low is $25.85. Its market cap is now just under $18 Billion.
Jon C. Ogg
September 20, 2007
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.