Investors Need to be Patient on Chipotle, Says Jim Cramer
Jim Cramer said two well-known research analysts are now saying investors should buy and hold Chipotle, and he agrees.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said two well-known research analysts are now saying investors should buy and hold Chipotle (CMG) - Get Report and he agrees. Cramer said, 'I say at $450 to $400 a share has been the sweet spot, that's where the company buys stock. I think six months from now, you're not going to be thinking about this. 18 months from now, the number is going to be good, but you've got to be patient.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
