Jim Cramer: Buy Jack in the Box, Sell Lightinthebox, and These 2 Picks
Jim Cramer made the following calls on September 12th, 2013. What do you think about his picks?
Jack in the Box Inc. (NASDAQ:JACK): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 22, 2012. The stock’s 52-week high is $42.59, and its 52-week low is $24.71. Though it has been fluctuating for the past two months, Jack in the Box’s stock performed well in the time frame before that, and Cramer favorably compared the company to Lightinthebox Holding Co. The company is expected to move towards improving its stores with higher sales, perhaps a nod to Qdoba, the Mexican grill that Jack in the Box acquired in 2003.