Jim Cramer Said Yum! Brands (YUM) Should Have Paid Money To Sell Pizza Hut

We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Yum! Brands, Inc. (NYSE:YUM) is one of the stocks discussed by Jim Cramer.

Restaurant firm Yum! Brands, Inc. (NYSE:YUM)’s shares are up by 9.3% over the past year and by 1% year-to-date. The firm was in the news lately when it announced that it would sell the iconic Pizza Hut food chain for a $2.7 billion price tag. Earlier this year, on March 20th, TD Cowen reiterated a $180 share price target and a Buy rating on Yum! Brands, Inc. (NYSE:YUM)’s stock. The firm outlined that the food company had strong marketing and menus. Cramer commented on the Pizza Hut sale and compared the pizza chain with its peers:

“No but the numbers, the numbers just aren’t there. . .that’s a lot of money to get for that. . .okay so I’m looking at the Pizza Hut compares, versus, say, Domino’s. Let’s do US, US is same store sales, we’ve got it as -4% for Pizza Hut, but plus 0.9 for Domino’s, even minus three nine for Papa John’s. So it is the worst. At one point I actually questioned the previous management, why don’t you pay someone to take it?”

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