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Cramer counts Chipotle, Darden as ‘last man standing’ restaurant plays

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CNBC’s Jim Cramer on Monday revealed a list of stocks he expects will benefit from the “last man standing scenario.”

“After a year of carnage, big businesses with deep pockets are triumphing over their smaller competitors who didn’t make it,” the “Mad Money” host said.

The scenario will play out vividly in the restaurant industry, Cramer said.

Last year, in the throes of the Covid-19 pandemic, more than 110,000 eating and drinking establishments shut down temporarily or permanently. The impact led to 2.5 million jobs being cut in the industry, according to the National Restaurant Association.

Coronavirus restrictions in New York City also pushed Cramer to shut the doors on his two…



Source cnbc.com

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