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Thursday, September 21, 2006

Cramer's MAD MONEY Recap (September 21, 2006)

Tonight Cramer discussed dining out. Cramer liked Jack in the Box (JBX) and Wendy's (WEN) but said the upside was mostly gone. Texas Roadhouse (TXRH) and Jack In The Box (JBX) are two he likes. TXRH has a great concept and low prices, but it is a long-term story. JBX reported last quarter ahead of estimates, and it has a superior management team that knows how to manage expectations. Cramer says TXRH or JBX could be the next Darden or Yum!.

Cramer evaluated upscale dining chains: Rith's Chris (RUTH), Morton (MRT), and Outback (OSI). OSI Restaurants (OSI) has lower-end steak, and posted poor same store sales. Morton (MRT) is the highest-end restaurant chain but they barely beat estimates. Ruth's Chris Steakhouse (RUTH) is Cramer's favorite with an average check over $70 and RUTH recently raised estimates. Cramer said to Buy RUTH.

Cramer did say if you own General Mills that it was time to take some profits. Cramer also said take some profits in Gymboree (GYMB) and in JCPenney (JCP). Cramer said you can lock in half of your profits tomorrow in ORCL too.

Jon C. Ogg
September 21, 2006
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