Jim Cramer predicts restaurant stock to soar above $2,000, while Chipotle shows promising growth potential
TL;DR Summary
CNBC's Jim Cramer predicts that Chipotle Mexican Grill's stock price will surpass $2,000 per share soon, citing its recent turnaround and positive outlook. Cramer believes that a $2,400-per-share price target issued by Baird is achievable for the fast-food chain, which recently reached an all-time high of $2,153 per share. He considers Chipotle a strong investment alongside companies like Lululemon and MongoDB, while also mentioning that his Investing Club owns shares of Starbucks.
Topics:business#chipotle-mexican-grill#finance#investment-prospects#jim-cramer#price-target#stock-price
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
69%
233 → 72 words
Want the full story? Read the original article
Read on CNBC