TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on Panera Bread’s quarterly results, released after the markets close on Tuesday. “They’re doing this technology redo so therefore it’s a special situation,” Cramer said, adding that over the long-term, the roll-out of Panera 2.0 is what makes him like the stock. “We’re not playing quarters – we are playing years and I think Panera is a good one to own for years,” Cramer added. Panera Bread’s stock rose 2.3% since the start of the year.
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