Jim Cramer sees long-term potential in Portillo's and Origin Materials, two newly public companies

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इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The 'Mad Money' host said Origin Materials is worth a speculative bet, while it's suitable to start a small position in restaurant chain Portillo's.

host thinks about each of the businesses and their respective investment caveats.Cramer said he views Portillo's — a Chicago-based restaurant chain known for its Chicago-style hot dogs — as an attractive story over time as it grows its store footprint nationally.

One negative about Portillo's is that a private equity sponsor, Berkshire Partners, still owns a majority of the company even after its IPO in October, Cramer said. "The overhang when they could finally ring the register could do a lot of damage," he said. Portillo's is still "pretty darn expensive" on a price-to-earnings basis, Cramer said, after the stock closed Friday at $31.73 per share. Its all-time high of $57.73 was notched on Nov. 17.

"I think Origin's got a great long-term story, even if the short term might be difficult because this kind of stock is currently being shunned by Wall Street," Cramer said. "Still, at $6 per share, I think you take a flier on Origin. That's half the cost of a good deli sandwich in New York."

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

so marketing by the underwriters to sell more shares. cramer is absolutely terrible

Time to short

I like Portillos; good food.

Lolllllll. 🤡

인간은 하나님을 떠나시게 만드는 이유를 만들어냅니다 HealingCrusadeMenengai

Gym Crammer once said that Bear Sterns was a good buy at $70...11 days later the stock plummeted to $2!

To summarize: Do Not Buy

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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