Jim Cramer Shared His Game Plan: 26 Stocks in Focus

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

Number of Hedge Fund Holders: 68

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.”

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.”