Jim Cramer Says Tech Might Be “Favored” & Discusses 13 Stocks

6. Texas Roadhouse, Inc. (NASDAQ:TXRH)

Number of Hedge Fund Holders In Q4 2024: 52

Texas Roadhouse, Inc. (NASDAQ:TXRH) is a casual dining restaurant chain. Its shares depend on consumer spending and are down by 4.6% year-to-date amidst worries of a drop in sentiment. Cramer’s previous remarks about Texas Roadhouse, Inc. (NASDAQ:TXRH) have remarked that he would continue to build a position as the shares headed lower. This time around, he indicated Texas Roadhouse, Inc. (NASDAQ:TXRH)’s price advantages in an inflationary environment:

“And I don’t think that’s wrong, because the restaurant costs so much unless you go to Longhorn’s, you know well Longhorn’s cheaper . . .or you go to Texas Roadhouse, or you go, Cracker Barrel’s. . .but I just think that, people aren’t, KB Homes, that was a big cut price in their homes. First time.”