We recently published 14 Stocks Jim Cramer Discussed Including His 2 Top Quantum Computing Stocks. ABrinker International, Inc. is one of the stocks Jim Cramer recently discussed.
Cramer frequently discusses Brinker International, Inc. in his morning show. The reason he does so is due to the turmoil that some other restaurant stocks are experiencing. Cramer believes that Brinker International, Inc. stands out from the pack, and he is also a fan of the firm’s CEO, Kevin Hochman. The CNBC TV host believes that Hochman has been able to successfully transform the business since taking over a couple of years back. This time, he discussed Wells Fargo upgrading Brinker International, Inc.’s shares to Overweight and raising the share price target to $175 from $165. In its note, the investment bank commented that the restaurant could gain additional market share. Here is what Cramer said:
Photo by Syed Ahmad on Unsplash
“I mean you got a call like the Brinker call from Wells Fargo. The restaurants have been the worse, just a horrendous group and Darden was viewed as being bad.
“And Brinker’s the best, the strongest story in the group. Let’s see if the restaurants can actually stabilize. That’s all I want to see.”
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This article is originally published at Insider Monkey.
