Never Do This at a Business Dinner: Steve Dublanica, a.k.a. 'The Waiter,' author of the best-selling book 'Waiter Rant,' lists the do's and don'ts of power lunches and business dinners. (Here's a hint: Under-tip at your own peril.)

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How about the high-end steakhouses? Guy Adami offered. Who is driving to Morton's (MRT) or Ruth's Chris (RUTH) for an expensive meal when the gas it takes them to get there could be more expensive? These stocks have already been crushed, but he expects the pain to intensify.

Steakhouse chain Morton's Restaurant Group Inc. said Tuesday its board of directors approved a plan to buy back up to $4 million of the company's stock.

The company said it will determine the timing and amount of the repurchases based on market conditions and other factors.

Morton's said it will fund the purchases using its cash balances and its revolving credit facility.

The stock trades for 6x cash flow.

Cramer: Retail and Restaurant Stocks You'll Want to Own
When the consumer gets back in the game, you'll want to own these stocks, says Jim Cramer.

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Upgraded by RBC Capital Markets from Sector Perform to Outperform

Great restaurants, clear leader for business dining. Valuation not that bad.

Tremendously undervalued in terms of PEG (which is .6 based on '07 numbers). Ruths Chris (RUTH) has a PEG of 1.25! And I think MRT is better run. Apply 1.25 PEG to MRT, and the price would be $40+

Diversification. MRT rated good on both Scottrade and MSN