Jim Cramer Would Rather Work At Shake Shack Than Own The Stock

Loading...
Loading...

Jim Cramer isn't a big fan of casual dining and said on CNBC's Mad Money that he wouldn't buy Shake Shack Inc SHAK. He thinks investors are concerned by expectations of inflation and higher wages. He added that he would rather work at a Shake Shack than own the stock.

"I think that's part of the problem right now," Cramer said. "It might be great to work there, but it might not be a great stock to own right now."

Cramer is a buyer of Finisar Corporation FNSR. He explained the stock is currently consolidating after a huge move higher and he would stay with the stock. Finisar jumped 2.52 percent in the regular trading session on Tuesday and it added additional 2.30 percent in after-hours trading.

Market News and Data brought to you by Benzinga APIs
Posted In: CNBCJim CramerRestaurantsMediaGeneralMad Money
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...