Jim Cramer doesn’t want a stimulus deal to help the stock market; he wants a stimulus deal to help save the hospitality industry, he told his Mad Money viewers Thursday night.

Independent restaurants are clearly under pressure. That much was clear after Darden Restaurants  (DRI) – Get Report easily beat earnings expectations despite revenue sinking 28.2% year-over-year to $1.53 billion. The stock rallied 8.1% in response and was the best performer in the S&P 500. The strength in Darden should be terrifying, though, Cramer said. 





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here