"Just remember that I'm only blessing this one for speculation, meaning don't even think of buying it with money that you can't afford to lose," he said. Even though it has big-name investors and reservations from companies including PepsiCo, Origin is still in its early stages, he said. Of course, we don't know if they can pull it off," he cautioned. "If they can really pull it all off, the value of this business could be enormous. "In other words, they can make plastic out of wood chips rather than petroleum," Cramer said, stressing that the company's environmental focus is important and represents a major opportunity. That's half the cost of a good deli sandwich in New York."Ĭramer said Origin stands out because even though it is in the chemicals business, "they're a sustainable chemical outfit." Instead of using petroleum-based feedstocks like much of the industry, Cramer said Origin uses wood chips, pulp waste and even cardboard as its feedstock. "Still, at $6 per share, I think you take a flier on Origin. "I think Origin's got a great long-term story, even if the short term might be difficult because this kind of stock is currently being shunned by Wall Street," Cramer said. He defines that as only buying shares with money investors can get away with losing. Origin Materials, which completed a SPAC merger in late June, is worthy of a speculative investment, Cramer said. Its all-time high of $57.73 was notched on Nov. Portillo's is still "pretty darn expensive" on a price-to-earnings basis, Cramer said, after the stock closed Friday at $31.73 per share. The fast-casual chain is also profitable, he said. "The overhang when they could finally ring the register could do a lot of damage," he said.īut ultimately, Cramer said he was impressed by Portillo's fundamentals, particularly the average unit volumes and restaurant-level margins. One negative about Portillo's is that a private equity sponsor, Berkshire Partners, still owns a majority of the company even after its IPO in October, Cramer said. For that reason, Cramer recommends starting "a small position here." However, the stock isn't working in this environment right now as investors grapple with a more aggressive Federal Reserve, he cautioned. Personal Loans for 670 Credit Score or LowerĬramer said he views Portillo's - a Chicago-based restaurant chain known for its Chicago-style hot dogs - as an attractive story over time as it grows its store footprint nationally. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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