Jim Cramer Says Cheesecake Factory Is “Way Too Cheap for a Very High-Quality Still Growth Company”

Cheesecake Factory (NASDAQ:CAKE) is one of the stocks Jim Cramer recently looked at. Noting that the stock was up recently, a caller inquired if it is still a buy. Cramer replied: “Yes, they really know how to run it. You know, they are just a seasoned practitioner. They know how to do it. I think it’s going to make a run at all-time highs. It sells at 13 times earnings. That’s way too cheap for a very high-quality still growth company, even though it’s up 14% this year. I like it.” Photo by Yiorgos Nt ...