Jim Cramer Recently Discussed These 9 Stocks

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

Number of Hedge Fund Holders: 83

Noting that the stock is down from its high, a caller asked if their son should avoid Chipotle Mexican Grill, Inc. (NYSE:CMG) or invest in the stock. In response, Cramer said:

“Great question. I would tell your son this, the stock reported a quarter that people didn’t like, and what happened? The stock went up. What does that tell you? We are finally at terra firma, and that is not one of those companies that’s going to be, it does have some tariff problems, but not many. And what I would emphasize to you about Chipotle, it’s never going to be cheap, but it’s rarely down this long.”

Chipotle (NYSE:CMG) operates restaurants that serve customizable food and beverages. It allows customers to place orders and request delivery through the company’s app or website.