Are you ready for a food fight?
On Monday, Jim Cramer cooked up a stock battle du jour ala restaurant chain operators Red Robin Gourmet Burgers and Bloomin' Brands. Both stocks are up roughly 60 percent year-to-date, so the "Mad Money" host did some research to determine which he prefers right now.
Bloomin' has more than 1,400 restaurants across the country, which operate under various concepts, including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, Fleming's Prime Steakhouse and Wine Bar and Roy's. The company plans to open 30 new locations in the year ahead, which translates into 2 percent growth. It's also remodeling up to 140 of its existing restaurants. Currently, the company has exposure to 21 countries, which Cramer suggested could be problematic given the sluggish world economy. On the other hand, he thinks Bloomin' has a "terrific international growth opportunity" in China, among other promising markets.
Red Robin has just one concept with around 475 locations in total, all of which are located in the United States. The company intends to open 20 new locations in 2013, though, which is growth of about 4 percent. It's also going to remodel roughly 20 stores.