stoat1004

Happy Days for Panera - Cramer's Mad Money (7/23/08)

Who can argue against purchasing stock in a company whose business segment is over saturated, highly competitive, and a product which is one of the top three consumers are eliminating from their budgets. Apparently not Cramer. Net income DECLINED by 2.4% from 2006 to 2007. While sales, general, and administrative expense increased by 16.4% over the same time period. It's cheap at 25 times ttm earnings and over 3 times book. Nice pick CRAMER!