5 Stocks “About To Pop” According To Jim Cramer: In Retrospect

2. Yum! Brands, Inc. (NYSE:YUM)

Number of Hedge Fund Holders: 48

6-Month Performance as of March 30 (Relative to SPY): 8.41%

Another one of Cramer’s top restaurant stocks that were “about to pop” was Yum! Brands, Inc. (NYSE:YUM). He said that the company is well-run and is handling food inflation and wage pressures effectively. As of March 30, the stock has outperformed the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 8.41% over the past 6 months.

At the end of Q4 2022, 48 hedge funds were long Yum! Brands, Inc. (NYSE:YUM) and disclosed collective positions of $2.31 billion in the company. Of those, Citadel Investment Group was the top investor in the company and disclosed a position worth $404.9 million.