Jim Cramer Put These 16 Stocks Under a Microscope

11. Shake Shack Inc. (NYSE:SHAK)

Number of Hedge Fund Holders: 43

A caller asked if it was a good time to initiate a position in Shake Shack Inc. (NYSE:SHAK) and here’s what Cramer had to say:

“You know, that last quarter was not good and I was quite surprised. I like Rob Lynch very much. I’m inclined to want to buy it, but when I see a quarter that is that much off from where I expected, we have to wait another quarter. You know, like I said, I really like Rob Lynch. I loved him at Papa John’s, but geez, that was not a good quarter.”

Shake Shack (NYSE:SHAK) owns and operates Shake Shack restaurants globally, serving a variety of items such as burgers, chicken, hot dogs, fries, shakes, frozen custard, and beverages like beer and wine.