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Zenger
Zenger
Business
Adam Eckert

Jim Cramer Warns Tupperware’s Surge In Meme Stock Frenzy Spells Trouble For Markets

Picture taken on August 27, 2013 shows the logo of the Tupperware Brands Corporation at the entrance of the factory in Joue-les-Tours, centre France, on the day of its 40th anniversary. (JEAN-FRANCOIS MONIER/GETTY IMAGES)

Retail traders have flocked into Tupperware Brands Corp (NYSE: TUP) in recent weeks as so-called meme stocks reenter the spotlight. Jim Cramer is warning the meme stock frenzy is a bad omen for broader markets.

Tupperware Brands have been catered to everyday Americans and the rest of the world for food essentials that includes leftovers, lunch for the average American, and use for prep meals for those aiming for a healthy lifesytle.

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