Jim Cramer Was Talking About These 10 Stocks Amid Trump’s Trade Wars

3. Texas Roadhouse Inc (NASDAQ:TXRH)

Number of Hedge Fund Investors: 45

Jim Cramer continues to remain bullish on Texas Roadhouse. Here is what he said in a recent program on CNBC:

“Texas Roadhouse (TXRH) stock I like so much we decided to buy some for the charitable trust two weeks ago. These guys reported what I thought was a darn good quarter, with better-than-expected same-store sales up 7.7% alongside a healthy earnings beat. Sure, not as crazy as the results from Brinker, absolutely, but Texas Roadhouse is a much more mature company. It just happens to be a real steady operator with a lot of room to grow. Also, unlike Brinker, Texas Roadhouse has held up surprisingly well, with the stock down only a few from early February, even as it had a tough week and a tough day. At one point, it was down 6.5 bucks today. That said, I like this one for the same reason I like Brinker. Texas Roadhouse offers what I call relative value. It may be a steakhouse, but it’s a bargain versus the competition. Where else can you get an 8-ounce steak with two sides for $9.99 on the Wild West?”

Baird Mid Cap Growth Equity Strategy stated the following regarding Texas Roadhouse, Inc. (NASDAQ:TXRH) in its Q2 2024 investor letter:

“Adjustments made to our consumer discretionary exposure include the addition of two new positions, Texas Roadhouse, Inc. (NASDAQ:TXRH) and Dutch Bros—both restaurants. Texas Roadhouse is a full-service casual dining chain with a long history of consistent sales and profit growth and above-average returns. We believe recent inflationary pressures across the restaurant space have broadened Texas Roadhouse’s competitive positioning.”