Jim Cramer Discusses These 11 Stocks & Finds Few Reasons To Sell

7. Chipotle Mexican Grill, Inc. (NYSE:CMG)

Number of Hedge Fund Holders In Q3 2024: 76

Chipotle Mexican Grill, Inc. (NYSE:CMG) is a casual dining restaurant firm that has held its ground in today’s inflationary era. The firm’s shares are up by 10.2% over the past year primarily on the back of its expansion strategy and efficiency initiatives. Chipotle Mexican Grill, Inc. (NYSE:CMG) aims to open hundreds of new stores this year, and it has improved its restaurant process flows through equipment such as expediters. However, President Trump’s tariffs on Mexico did create uncertainty for the stock. Here is what Cramer said:

“Now Scott Boatwright, new obviously, because we know that Brian Niccol went to Starbucks. But I think what’s interesting is that guac, guacamole’s from Mexico. They even went to a couple of states that you typically would not go to because they’re not as much as in control by the government. And that shows you how important guac is to them. I’d like to hear about their comments on it.”