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Jim Cramer breaks down why he's bullish on Chipotle Mexican Grill stock - TL;DR CNBC

Jim Cramer breaks down why he's bullish on Chipotle Mexican Grill stock

Publishing timestamp: 2023-10-04 11:10:21


Summary

The article discusses how Oppenheimer has a positive outlook for Chipotle's stock, which CNBC's Jim Cramer agrees with. Although the analysts did lower Chipotle's price target, it is still more than 20% higher than the previous day's close. The article also mentions that Chipotle has solid fundamentals and highlights the difference in ownership structure between Chipotle and its competitor McDonald's.


Sentiment: POSITIVE

Tickers: MCDSBUXCMG

Keywords: chipotle mexican grill incinvestingclubsamplerestaurantsbusiness newsstock takesjim cramermcdonald's corpfood and drinkstarbucks corpbreaking news: marketsinvestment strategymarkets

Source: https://www.cnbc.com/2023/10/04/jim-cramer-breaks-down-why-hes-bullish-on-chipotle-mexican-grill-stock.html


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