Cramer eats chicken wings and frijoles

Posted May 2nd 2007 3:34PM by Jon Ogg
Filed under: Chipotle Mexican Grill'A' (CMG), Liz Claiborne (LIZ)

On today's Stop Trading! on CNBC, Jim Cramer came out discussing Buffalo Wild Wings Inc. (NASDAQ: BWLD) after the stock rose more than 14% to a new 52-week and all-time high when the company beat earnings estimates. The company makes one-third of its money from beer and buffalo sauce, and he can't imagine why 1/3 of the float was short. But Chipotle Mexican Grill, Inc. (NYSE:CMG) is the one he said is the stock of the day, and may be a multi-year grower. Chipotle shares are up 19% after yesterday's earnings to a new all time high as well.

Cramer called Liz Claiborne (NYSE: LIZ) as the worst retail conference call of the quarter, which is the same as I noted yesterday. He also said the market is remarkable and we all came in too bearish at the start of the year. Cramer still thinks the market is decelerating inside the U.S. and the rest of the world is rising while we are not.

Tags: BWLD, CMG, liz