Jim Cramer Advises His Viewers On Chipotle Mexican Grill, Inc., PriceSmart, Inc. And GameStop Corp.

Jim Cramer spoke on CNBC's Mad Money about Chipotle Mexican Grill, Inc. CMG. He explained that the company is in a crisis at the moment and investors have to put some time between the crisis and the recovery. Cramer would not buy the stock until he is sure that there is no E.coli any more and until he sees how much it is going to cost to implement new food safety standards. In six months from now, if the company manages to successfully solve the problems and the stock is trading under $400, he would consider buying Chipotle Mexican Grill, Inc.. Cramer doesn't want to buy PriceSmart, Inc. PSMT, because he doesn't like its exposure to Latin America. He would buy Costco Wholesale Corporation COST, which in his opinion could trade considerably higher. GameStop Corp. GME is hated by this market, despite great same-store sales numbers, said Cramer. He added that people don't want to get involved with brick and mortar, because we are in a digital game. He would buy Activision Blizzard, Inc. ATVI and Take-Two Interactive Software, Inc.TTWO instead.