TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer interviewed Chipotle's (CMG) new CEO Brian Niccol on CNBC and said the stock is probably done going down.

"I think that Brian Niccol is going to do a great job and the stock has had its downturn - it's been a longtime since what happened happened - the American people forget," Cramer said, referring to the restaurant's e.Coli outbreak, which first surfaced in 2015. 

For exclusive investing insight from Jim Cramer, get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

Subscribe to our Youtube Channel for extended interviews, Cramer Replays, feature content, and more!

More from Video

NYSE Trader Expects Blowout Earnings From Alphabet, Amazon and Facebook

NYSE Trader Expects Blowout Earnings From Alphabet, Amazon and Facebook

Tilray CEO: Surging Cannabis Industry Is a Threat to Food and Drug Players

Tilray CEO: Surging Cannabis Industry Is a Threat to Food and Drug Players

How This Former VC Player Became CEO of $2 Billion Cannabis Company Tilray

How This Former VC Player Became CEO of $2 Billion Cannabis Company Tilray

Lee Munson: Not Peak FANG Yet

Lee Munson: Not Peak FANG Yet

Even Standing Desk Company Varidesk Is Watching How the Trump Tariffs Play Out

Even Standing Desk Company Varidesk Is Watching How the Trump Tariffs Play Out