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Jim Cramer: Chipotle Is ‘Remarkable’

August 26, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Co-Portfolio Manager Jim Cramer thinks Chipotle Mexican Grill is “remarkable” because it is seeing comparable store sales rise 9% while names like Costco, Starbucks, and Macy’s are only rising 5%. Chipotle is re-branding itself as “natural and organic” and framing other fast food restaurants as part of the “corrupt” food chain. That includes former owner McDonald’s. Cramer says these ad campaigns are bringing traffic to Chipotle stores as consumers search for GMO-free foods.

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