Cramer’s Had Enough of Simon Property Group, But Still Hungry for Red Robin, Sonic, and These 2 Stocks

Jim Cramer made the following calls on August 15th, 2013. What do you think about his picks?

Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on April 10, 2013. The stock’s 52-week high is $62.61, and its 52-week low is $27.18.

Red Robin got a buy recommendation during the lightning round, along with a few other players in the food space.   Since the second quarter last year, the company has posted solid growth, with earnings up to $0.77 from $0.52.

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Sonic Corp. (NASDAQ:SONC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 18, 2012. The stock’s 52-week high is $16.24, and its 52-week low is $8.99.

Sonic was recommended alongside Red Robin last night during the lightning round by Cramer. The company continues to open franchises across the states, making its first move into North Dakota on August 1st.

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Perrigo Co. (NYSE:PRGO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 9, 2013. The stock’s 52-week high is $134.31, and its 52-week low is $98.79.

Joe Papa, chief executive of Perrigo, sat down last night with Cramer to discuss the state of his business. According to Papa, operations in Ireland continue to be an asset as the company saves $150 million in taxes there per year. Moreover, the company plans to introduce 75 products this year worth potential $190 million.

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Radian Group Inc. (NYSE:RDN): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 24, 2013. The stock’s 52-week high is $14.80, and its 52-week low is $3.15.

Radian made it back for another recommendation last night. Cramer got a question on Twitter about the stock, and let ‘Cramerica’ subsequently know that he was still a fan of Radian. The company has recently put a dividend in place for shareholders of $0.01 per share per year.

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Simon Property Group Inc. (NYSE:SPG): Jim Cramer ranked this stock a Sell. The stock’s 52-week high is $182.45, and its 52-week low is $145.21.

Cramer pulled the plug on Simon during the lightning round, telling viewers he was a bear on this stock. The company’s most recent earnings showed a gain from $688.6 million last year to $766.3 million currently.

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