Jim Cramer Believes Chipotle “Could Have the First Strong Quarter in a Very Long Time”

Chipotle Mexican Grill, Inc. (NYSE:CMG) was on Jim Cramer’s Mad Money game plan for the week ahead. The company was mentioned during the episode, and here’s what Mad Money’s host had to say:

Oh, well, and just because I don’t want all tech, let’s throw in another one, Chipotle. I think this could have the first strong quarter in a very long time.

Photo by Anna Nekrashevich on Pexels

Chipotle Mexican Grill, Inc. (NYSE:CMG) owns and operates restaurants that provide burritos, bowls, tacos, salads, and other menu items. On March 27, responding to a caller’s query about the stock, Cramer said:

Man, I gotta tell you, I thought candidly it was going to hold at this level. This is the crunch time. It’s at $30. I think it can do so. But here’s the problem. It’s got to show some better-than-expected numbers, and it hasn’t been able to do that yet. Scott Boatwright, you must deliver a better quarter. You got one month left. April 29, you gotta deliver. Have to.

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