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Investors Should Hold Off on Buying Shares of Chipotle for About 10 Days: Cramer

July 17, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer answers viewers’ Twitter (TWTR) questions from the floor of the New York Stock Exchange. He weighs in on UnderArmour’s (UA) quarter, which he called ‘bizarre’ as management spent more time discussing athletes like Lindsey Vonn and Jordan Spieth and less time talking about the business. Though there was a lot of noise in the quarter, Cramer says when things settle down, the stock will go higher after some churning. Cramer also tells investors who want to get in on Chipotle (CMG) that the stock hasn’t reached the right level yet. He says don’t give up on Chipotle, but hold off on buying for about ten days. Cramer also answers questions on 3D printing stocks, Priceline (PCLN), Southwest Airlines (LUV) and IBM (IBM). Tweet your questions @jimcramer using #CramerQ.

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