Jim Cramer's Wall Street Confidential Picks, May 2

Recap of Jim Cramer’s comments on Wall Street Confidential, Wednesday May 2. Click on a stock ticker for more analysis:

Buffalo Wild Wings (BWLD), Texas Roadhouse (TXRH), Coldwater Creek (CWTR), Chipotle (CMG), General Cable (BGC), FirstEnergy (FE), Masco (MAS)

Cramer gives the shorts the credit for the big rally, and discussed BWLD as an example of a company has trounced the shorts and exceeded estimates. "Why this company doesn't get the respect of people is extraordinary," Cramer said, commenting on its large short interest. He compared the company's business model to that of Red Lobster which "gives people a value in the food and then they will drink themselves into oblivion." Cramer believes BWLD, unlike TXRH and CWTR, will succeed in going national, especially on college campuses; "This is one of those extraordinarily youthful companies." The only restaurant chain Cramer expects to grow as fast is CMG. Moving on, Cramer comments BGC has a 10% short position, even though it has received a "flood of orders" since the FE blackout, since BGC buries power lines. He added it also has a strong nuclear business. Cramer likes MAS because it has managed copper costs and has exceeded estimates. Richard Manoogian, who is retiring as CEO and has "probably the greatest vision about housing of anyone in America," according to Cramer, saw the housing crisis coming and diversified overseas. The causes of the rally are the numerous buybacks and hedge funds; "There's not enough stock, the brokerages houses are reluctant to short and that's how you get this move," Cramer said.

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