Cramer: Chipotle, which has nearly doubled this year, still has a 'big runway'

Chipotle, up 85% this year, was initiated as a buy with a $1000 price target.

of Najarian Family Office. Chipotle's biggest struggles have been the food safety scandals it's faced since 2015. In criticizing the company's initial response to the crisis — "they needed to get out in front of it better than they did at that time" — Najarian drew a comparison to the criticismand its CEO Dennis Muilenburg are now facing for their handling of the 737 Max's safety issues.

Niccol should provide a model for Muilenburg, said Cramer. From the month he joined, "Niccol [was] totally transparent. He didn't badmouth people, he basically said we've got a brand new Chipotle." Though Chipotle has lagged the restaurant sector by 100% since 2015 according to Goldman, its recent surge suggests that it might really be a new era for the company.

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