NEW YORK (TheStreet) --Chipotle Mexican Grill (CMG) - Get Reportis set to report 2016 third-quarter earnings results after the market close on Tuesday. The fast-casual Mexican grill's stock has struggled year-to-date, lower 35%. That said, BK Asset Management managing director Boris Schlossberg believes Chipotle is a good buy for investors.

"One of the best ways to make money in the market is to buy great companies when they stumble and it appears Chipotle has gotten a handle on all of its health problems and now at this point seems to be seeing a resurgence," Schlossberg noted during CNBC's "Power Lunch" on Monday. 

Referencing social media posts, he said the lines in Chipotle restaurants have steadily increased and are returning to pre-health concern levels. Chipotle has struggled with a myriad of health issues after several customers reported becoming ill after eating its food. A second reason why he sees a long-term rebound in the stock is the restaurant's push into Europe.

"They are expanding into Europe and I think if they can catch in Europe that's a huge new market for them. So yes I think it is an interesting buy," Schlossberg reiterated.

Shares of Chipotle Mexican Grill were higher in late afternoon trading on Monday. 

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "hold" with a ratings score of C.

The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins.

You can view the full analysis from the report here: CMG

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