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Why Cramer's Not Trading Peet's

We're in the thick of the earnings season, but Cramer has his eye on one company in particular Tuesday: Peet's Coffee & Tea.

The Emeryville, Calif.-based company is expected to report earnings after the closing bell. And despite the bull market in the coffee space, Cramer wants home gamers to stay away this name.

He thinks Peet's is making the wrong move by focusing on the consumer packaged coffee business instead of expanding their store count. Plus, the stock is expensive compared to Starbucks.

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Symbol
Price
 
Change
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PEET
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