Jim Cramer's Stop Trading! Hot Chipotle

Chipotle (CMG Quote) remains a "fabulous story" even after Wednesday's 19% run-up, Jim Cramer said on CNBC's "Stop Trading!" segment.

Cramer also sang the praises of Buffalo Wild Wings (BWLD Quote), up 15% Wednesday on strong earnings. Cramer said he believes the stock is "heavily overshorted" and going higher. He also stressed that Chipotle's outperformance has been so consistent that investors shouldn't "get off the galleon."

Cramer said a strong performance at Owens Corning (OC Quote) is similar to good quarters from Masco (MAS Quote) and Centex (CTX Quote). He said their gains show there is still opportunity for exporters, even if the domestic economy is decelerating.

Retail, though, is "not so hot," Cramer said, excoriating poor showings at Liz Claiborne (LIZ Quote) and Jones New York (JNY Quote).