Jim Cramer's Stop Trading! Chipotle Works

Stock quotes in this article: CMG , CKR , SBUX  

Chipotle (CMG Quote) might be expensive, but it's a solid stock that has momentum, Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.

CKE Restaurants (CKR Quote), the owner of Carl's Jr. and Hardee's, is cheaper, but as an investor, you want to buy a company that's expanding and putting up stores, Cramer said.

Chipotle is a "concept" stock that reminds him of Starbucks (SBUX Quote) six to eight years ago.

He also recommended reading a Bank of America research report on Starbucks, in which the coffee-shop owner was downgraded to sell. He said he wished the report had been written earlier, but it was very well researched.

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At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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