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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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."

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

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

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Jim Cramer rips SPACs, urges investors to avoid the blank-check companies right nowThe 'Mad Money' host said everybody besides institutional money managers get 'the short end of the stick' in SPAC deals. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Derrick_Jones39 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ I know what I'm buying tmrw SPACpicks We're gonna be rich.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »