20 Stocks in Jim Cramer’s Spotlight

11. Chipotle Mexican Grill, Inc. (NYSE:CMG)

Number of Hedge Fund Holders: 78

Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the stocks in Jim Cramer’s spotlight. A caller asked if it is worth waiting for the company to report later this month to sell, and Cramer responded:

“Okay, why to sell, right? Boatwright, he’s a good CEO. I think that a lot of people feel right now, that the price, that it’s gotten, the meals are too expensive. I think that’s nonsense. What’s really happened here is they did this 50-for-1 split, and there’s just stock sloshing around everywhere. It just hasn’t been able to put together two good quarters. When it does that, I think it can break out again. But it’s not, we don’t own it. When it comes to restaurants, I like, you know, I like Texas Roadhouse. Why? Because it’s a regional and national story. I prefer that to the stock of Chipotle.”

Chipotle (NYSE:CMG) operates a chain of restaurants that offer Mexican-inspired food and beverages, including burritos, bowls, and tacos. The company also provides delivery services through its app and website.