How Did Jim Cramer’s 12 Bold Predictions Play Out?

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10. Restaurant Brands International Inc. (NYSE:QSR)

Number of Hedge Fund Holders: 31

Restaurant Brands International Inc. (NYSE:QSR), the parent of Burger King, Popeyes, and Tim Hortons, was discussed in-depth during an interview with its executive chairman, Patrick Doyle, following a strong quarterly earnings report back then. Cramer was a fan of the restaurant brand at the time, based on his comments:

“On a hideous day, you know what’s escaped the gravitational pull of the market? Restaurant Brands International. The quick serve giant that owns Burger King, Popeyes, Tim Horton’s and Firehouse Subs. This morning the company reported a fantastic quarter, finishing the day up nearly 3% during a real bad tape. That said, it’s still down almost 3% for the year. Can it keep climbing? […]

Obviously we’ve got to talk about Burger King. $11.5 billion in sales – look still good comps, I don’t want to get down on it because a competitor of Burger King is not doing as well in terms of comps as Burger King but obviously you’re still not happy with how it should be doing! […]

Well, I want to salute you, you’ve delivered on everything as I knew you would and it’s just obviously still work in progress as you get those Burger King looking nicer, put some more Popeyes up around the world. And Tim Hortons, what can I say, operating hitting on all cylinders but I know that’s probably still not enough for you.”

Despite Cramer’s optimism from a year ago, the stock has fallen by 13.58% since.

However, the host of Mad Money has changed his stance on the company recently. Here are his comments from April 4th:

“You know someone recommended today, the Burger King stock . . .QSR, and you know I’m not, it’s not what I’m in favor of to go to those stocks but that’s what you have to do.”

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