Jim Cramer Highlights “Chipotle Can’t Seem to Deliver”

Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer showed concern about the company and said:

“Chipotle can’t seem to deliver, and it’s starting to worry me, although I had a really good burrito for lunch. To me, this quarter seems maybe it’s make or break in terms of maintaining the company’s growth status. It will be tough.”

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Chipotle Mexican Grill, Inc. (NYSE:CMG) owns restaurants that provide burritos, bowls, tacos, salads, and related menu items. During the October 1 episode, Cramer called it a “decent reversal candidate.” He commented:

“And how about the biggest losers for the quarter? As I scrutinize the list, I see a couple that could make a comeback. Chipotle’s the best of these losers, having been hammered relentlessly like many other restaurant chains. The current numbers are indeed nothing to write home about, but this company has a habit of bouncing back after management gets it right. Down 30% last quarter, Chipotle seems like a decent reversal candidate.”

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Disclosure: None. This article is originally published at Insider Monkey.