Jim Cramer predicts restaurant stock to soar above $2,000, while Chipotle shows promising growth potential
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.