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Jim Cramer Breaks Down How to Play Panera Heading Into Earnings

August 24, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer explains why he advises that you play restaurant Panera Bread heading into its earnings on Wednesday, February 19. Cramer says he is a believer in Panera CEO Ron Shaich, whom he lists as one of his 21 ‘bankable’ CEOs in his new book, ‘Get Rich Carefully.’ If Panera can fix its issues with getting more customers in during peak hours and servicing them, he says the stock is bound to climb. For now, he breaks down how to play Panera using call options, which will manage investors’ risk. TheStreet’s Brittany Umar has details from Wall Street.

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