Buffalo Wild Wings (NASDAQ:BWLD), Darden Restaurants, Inc. (NYSE:DRI), and Domino’s Pizza, Inc. (NYSE:DPZ) are among the top stock picks of Jim Cramer in the restaurant industry. Cramer has mentioned each of these stocks at least twice on his Mad Money show during the last 30 days.
Buffalo Wild Wings (NASDAQ:BWLD) is among the top restaurant stock picks of Jim Cramer and he mentioned it at least thrice in the past 30 days. During the Lighting Round of his show, Cramer said, “I think this is a good time to get long, said Cramer.” After a slight decline in share prices during the first week, Cramer added, “The stock has come down big, said Cramer. I think at these levels its ok to pull the trigger.” Buffalo Wild Wings (NASDAQ:BWLD) trades at $130.32 with current market cap of $2.48 billion.
Darden Restaurants, Inc. (NYSE:DRI) reached its low earlier this year but according to Cramer, the turnaround time for the stock has begun and this is the best time for investors to invest money in the company before it picks up. In the first week of October, Cramer cited Darden Restaurants, Inc. (NYSE:DRI) as a potential buy among other major stocks. It shares trade at $48.68 with current market cap of $6.41 billion.
The third stock in Cramer’s restaurant picks is Domino’s Pizza, Inc. (NYSE:DPZ), especially after the third quarter 2014 financial results from the company. Cramer said that the pizza chain has offered good returns to its investors and called it a definite buy. Both the domestic as well as international units of the stock have registered improvement during the third quarter. Cramer advised to buy Domino’s Pizza, Inc. (NYSE:DPZ) at any sign of weakness. The stocks of the pizza company trade at $84.84 with a current market cap of $4.62 billion.
This article has been written by Prakash Pandey.
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