Krispy Kreme Doughnuts (KKD) Higher on Cramer Pump

Article Stock Quotes (3) Comments (0)

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) is trading 4 percent higher early Tuesday following a positive Jim Cramer Mad Money mention on Friday.

Cramer notes Krispy Kreme's same store sales have been positive for 16 consecutive quarters and the stock is relativity cheap versus peer like Dunkin Donuts (Nasdaq: DNKN).

Krispy Kreme sells for 21.5X this year's earnings with a 25% growth rate, while Dunkin Donuts sells for 23x with a lower 17% growth rate. Also, Starbucks (Nasdaq: SBUX) trades at 21x with an 18% growth rate.

Cramer also highlights recent takeover chatter in the name, although he wouldn't buy the stock just on takeover rumors.

He sees the stock going to $14 with ease.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Kansas City Southern (KSU) to Replace Dean Foods (DF) in S&P 500; WhiteWave Foods (WWAV) to S&P MidCap 400
• Amid Tesla (TSLA) Squeeze, Option Prices Hit Record Highs
• Amarin's (AMRN) Vascepa Not in FDA Orange Book for April

Create E-mail Alert Related Categories

Insiders' Blog, Rumors, Trader Talk

Related Entities

Jim Cramer, Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?