Jim Cramer: Chipotle Is 'Too Expensive,' Buy This Plane Maker
1. Cramer labeled Chipotle as 'too expensive', signaling potential valuation concerns. 2. Chipotle's quarterly earnings met expectations; however, revenue missed by $20 million. 3. Shares of Chipotle rose 0.7% despite Cramer's negative outlook. 4. Cramer's remarks may influence investor sentiment towards CMG's valuation. 5. Competitor news showed mixed performance, potentially impacting market perception.