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Cramer Likes Starbucks and Fitbit For the Holiday Season

June 18, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer answers viewer questions from social media on the floor of the New York Stock Exchange. First up, Cramer gave Starbucks (SBUX) the thumbs up. ‘Seattle here we come,’ he said. ‘I think it’s having an exceptional quarter but the stock is already up 48 percent for the year. It is an Action Alerts PLUS name. I am itching to buy more for the trust. Why? Because this is a multi year flight path.’ After naming the coffee company’s mobile technology ‘best in show’ Cramer added: ‘I have to tell you, I think Howard Shultz is money.’ Zillow (ZG) didn’t get such a glowing review. ‘I don’t like Zillow I didn’t like the last quarter. I had to kind of come to grips with the fact that the fourth quarter is not going to be that good,’ Cramer explained, adding that he would need to see the next quarter before deciding whether the stock was investable. Send your questions to Jim Cramer on his Facebook page or follow him on Twitter @JimCramer and send questions using #CramerQ.

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