12 Stocks on Jim Cramer’s Radar

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2. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Number of Hedge Fund Holders: 22

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is one of the stocks on Jim Cramer’s radar. While Cramer highlighted the backlash the company faced on its now-retracted decision to change its logo, he was hopeful that the company could turn it around.

“Wednesday’s got a little stock drama going for it as Cracker Barrel reports… I’m talking about a situation that’s in flux. CEO Julie Masino, we’ve had her on. I think she’s terrific. She had this thing rocking. What a turn. And she decided to redo the logo, get rid of the old man in a barrel. It turned out to be ill-advised as, old timer as he’s known, apparently had lots of fans, including President Trump. Who’ve thunk it? She quickly backtracked, but the stock took a real hit. Good companies can put this kind of stuff behind them fast. Let’s hope that’s what Masino does.”

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) runs a network of restaurants that include attached gift shops. The restaurants serve breakfast, lunch, and dinner, and provide pick-up and delivery options. The gift shops carry a selection of products, such as home décor, clothing, food items, and seasonal gifts.

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