Jim Cramer On 9 Stocks That Are Rallying Despite Tariff Worries

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

Number of Hedge Fund Holders: 69

Cramer was surprised to see Chipotle Mexican Grill, Inc. (NYSE:CMG) stock doing well on Monday and commented:

“Hey, even Chipotle, which could have a real avocado problem, did quite well today and they’re about to report their quarter tomorrow. Wow, this group made no sense to me at all. Tariffs can make dinners more expensive, but the market was indifferent because they’re domestic operations.”

Recently, Cramer recommended buying Chipotle (NYSE:CMG) on weakness as he explained:

“Now, we’ve been focused on a handful of great restaurant chains lately, especially the incredible rally of Brinker, which you know as Chili’s. The premier growth stock in the group though has always been Chipotle, but somehow it’s been lost in the shuffle here.

Now maybe this is a chance to get back in before the next big move higher. Buying Chipotle on weakness is generally the right call, like forever. Of course, it has a new CEO Scott Boatwright, but he is an old Chipotle hand, and the rest of the crew’s intact, including friend of the show Jack Hartung, former CFO, now president and chief strategy officer. It might be time to start a position.”