Popeyes Louisiana Kitchen Inc (PLKI), Ann Inc (ANN) and Perrigo Company plc Ordinary Shares (PRGO): Cramer’s Have Eye on These Stocks for September

Popeyes Louisiana Kitchen Inc (PLKI)

Investing in stocks require in-depth research into the market trends and dependable projections by leading market analysts. So, while you might have been out on vacation or on some other duties, a respectable stock trader, TV personality, and a market analyst, Jim Cramer, compiled a list of some of the stocks that have a huge potential.

These companies are Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI), Ann Inc (NYSE:ANN) and Perrigo Company plc Ordinary Shares (NYSE:PRGO). And according to Cramer, in an article published on CNBC, these stocks represent long term investment options whose ROI are worthwhile.

Why are these stocks believed to be great kills as businesses approach a highly challenging season?

Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI)

Cramer mentioned on August 25 that the decline in the value of Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI) presents a great opportunity. This statement came at a time when the company’s shares were going at only $40. Even in the face of such decline, Cramer says that this is a company that has realized vitality beyond expectations.

Popeyes Louisiana Kitchen Inc (PLKI)

“Popeyes reported solid results, with in-line earnings, higher than anticipated sales, better than expected domestic same store sales growth, up 3.8 percent, and management reiterated full-year guidance,” said Cramer. “When a company does better than it’s supposed to and the company goes down, that’s when you should buy it.”

Buying a company like Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI) will mean some work to get things back on track, but it can present a strong opportunity for growth and stability.

Ann Inc (NYSE:ANN)

Ann Inc (NYSE:ANN) is currently trading around $41, which is a considerable low. This might be a scare to traders who might have considered investing in the company. However, Cramer thinks otherwise. He believes that Ann Inc (NYSE:ANN) can turn the tides due to the many alternatives available for it in the market. Two activist investors, Engine Capital and Red Alder, have also urged the company to explore strategic options to be able to get a lifeline.

Nevertheless, Cramer thinks that one needs to watch the activities of the company and its life before pumping money into the stock.

Perrigo Company plc Ordinary Shares (NYSE:PRGO)

Perrigo Company plc Ordinary Shares (NYSE:PRGO) is rated among the most innovative companies by Forbes. Cramer thinks that the stock presents a bargain to traders. It recently acquired an Irish drug company, Elan, enabling it to switch address to Ireland, which is a doubtless tax haven. Many experts believe that the move by Perrigo Company plc Ordinary Shares (NYSE:PRGO) to change its address from US to Ireland is a tax evasion tactic that will impact positively on the company’s stocks.

“All told, to me, this smells like an opportunity,” Cramer said. “Perrigo appears to have a lot going for it. I think its stock could rally back to its old highs and then some.”


This article has been written by Victor Ochieng.

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