14 Stocks on Jim Cramer’s Radar

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8. Wingstop Inc. (NASDAQ:WING)

Number of Hedge Fund Holders: 39

Wingstop Inc. (NASDAQ:WING) is one of the 14 stocks on Jim Cramer’s radar. During the lightning round, a caller inquired about Wingstop Inc. (NASDAQ:WING). In response, Cramer said:

“That’s a tough one for me. I’ll tell you why it’s a tough one, because they didn’t provide the guidance that I wanted. You know how much I want transparency. They didn’t give me the transparency. I see the stock going back, but I’m not, you know, all those nice things you said, I gotta tell the truth… I don’t see what they have that I’d like to see. I didn’t, I don’t see the visibility…”

Wingstop Inc. (NASDAQ:WING) owns and franchises restaurants specializing in cooked-to-order chicken offerings, including classic and boneless wings, tenders, and sandwiches. During an episode of Squawk on the Street in February, Cramer made the following comments about the stock:

“I made some critical comments about Wingstop’s quarter last time. I felt that they didn’t give you enough information on what was wrong. They berated me, they chastised me, and uh, well look let the numbers speak for themselves, the stock’s down thirty-five today. And I had nothing to do with it…

…I think Wingstop is, struggling right now. Now, they would come back and say Jim we’re doing better than everybody else. And that may be true. But, they’re not the Wendy’s camp. Wendy’s is, other than my wife, Wendy’s really doesn’t have any regular customers. They, . . .Wendy’s is hurting. But I do think that Wingstop, until they give us an explanation about why there’s a slowdown, even though they make a lot of money per store, I remain a skeptic.”

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