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Actionable news in CMG: CHIPOTLE MEXICAN GRILL Inc,

Jim Cramer: Chipotle Is Within 10% of a Bottom


Shares of Chipotle Mexican Grill (CMG - Get Report) have fallen more than 6% on Wednesday after it reported fourth-quarter revenue that missed analyst estimates.

"This is, I think, within 10% of a bottom here," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Mad Dash" segment, as he urged investors to look beyond the restaurant chain's lousy quarter. "People are going to come back to it and, therefore, this stock goes higher."

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