Jim Cramer Rediscovers Love For Magnificent 7 & Discusses These 11 Stocks

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7. Shake Shack Inc. (NYSE:SHAK)

Number of Hedge Fund Holders In Q4 2024: 43

Shake Shack Inc. (NYSE:SHAK) is a fast food chain that sells burgers, fries, and other items. Its shares have lost 33% year-to-date, with the only tailwinds coming in February when the shares gained 11%. In his previous comments about Shake Shack Inc. (NYSE:SHAK), Cramer commented that while he likes the firm’s CEO, he would wait for earnings to stabilize. Here are his recent thoughts:

“But I will say this. We have a new theme going on here. And the theme is, if we thought it was going to be bad, and it’s bad, we buy. Shake-Shack, down six. Well we knew it was gonna be bad. Will you give me a break? Now it’s up.”

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