Cramer Suggests Buying Fast Food Chain Owner Of Popeye's, Burger King: Here's Why

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Restaurant Brands International Inc. QSR is a buy.

The parent company of Popeye's, Burger King and Tim Hortons recently approved plans to purchase up to $1 billion of its common shares over the next two years through Sept. 30, 2025.

When asked about Digital Realty Trust, Inc. DLR, Cramer said, "Every good trend at DLR, I happen to like them very much."

The "Mad Money" host said Talos Energy Inc. TALO is "ok, it’s not a great oil." Cramer said he actually likes Pioneer Natural Resources Company PXD.

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When asked about IonQ, Inc. IONQ, he said, "Everyone loves this thing. You know why they love it? Because of quantum computers — do they actually love quantum computers? Do they look if the company’s losing money? I’m going to say no."

Cramer also praised Dynavax Technologies Corporation DVAX.

"Nobody listens to me because I like any immune system situation that’s finally starting to get its due," he added.

Price Action

  • Shares of Dynavax fell 2.5% to close at $13.88
  • IonQ gained 3.2% to $19.58 on Wednesday.
  • Pioneer Natural shares fell 0.7% to settle at $241.37
  • Talos Energy slipped 0.9% to close at $17.00 during the Wednesday’s session.
  • Digital Realty Trust shares fell 0.6% to settle at $129.98
  • Restaurant Brands declined 2.4% to close at 66.93 on Wednesday.

Now Read: SAIC, GameStop And 3 Stocks To Watch Heading Into Thursday

Image: Shutterstock

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