Jim Cramer Put These 8 Stocks Under the Microscope

6. Brinker International, Inc. (NYSE:EAT)

Number of Hedge Fund Holders: 51

Talking about Brinker International, Inc. (NYSE:EAT), the parent company of Chili’s and Maggiano’s, Cramer recalled having CEO Kevin Hochman on the show at the end of January, just after the company reported one of the strongest quarters Cramer had ever seen. He added:

“Chili’s had 31% same-store sales growth and the whole company earned $2 and 80 cents per share., nearly a full dollar ahead of the estimates. In response, the stock, shot up more than 16% in a single day, and then it kept running all the way from $154 to $192 in early February. Since then, though, Brinker’s pulled back hard to $141, down substantially from where it was trading before the quarter.

So how the heck does the stock collapse like this in a little over a month after reporting a spectacular quarter? Now, some of it’s pure profit taking at the peak. Brinker was up mind boggling 315% over the previous 12 months. Now some of it’s valuation… We gotta ask, is Brinker worth buying a weakness? Now look, I’ve been a fan of this one for ages. I think the basic story hasn’t changed at all. Brinker’s been able to put up great numbers because it offers customers an incredible value proposition.”

Brinker (NYSE:EAT) operates casual dining restaurants primarily under the Chili’s Grill & Bar and Maggiano’s Little Italy brands, along with a franchising model.