Is Chipotle Stock a Buy Now?
Restaurant chains that combine great food with strong brand recognition tend to outperform the broader market. That is because such a combination keeps customers coming back for more, which drives revenues and profits higher.
Mexican fast-casual restaurant operator Chipotle Mexican Grill (NYSE: CMG) arguably fits this description to perfection. A $1,000 investment made in the company 10 years ago would be worth $5,500 today. That's especially impressive compared to the $3,300 that the same amount invested into the S 500 index then would now be valued at (with dividends reinvested). For context, that even includes the more than 1,100 cases of Norovirus, Salmonella, and E. coli that sickened Chipotle customers between 2015 and 2018, and weighed on the stock price for several of those years.
But is Chipotle stock still a buy for growth-oriented investors?
Source Fool.com
Chipotle Mexican Grill Inc. Aktie
Die Community bevorzugt klar Chipotle Mexican Grill Inc. mit vielen Buy- und nur wenigen Sell-Einschätzungen.
Mit einem Kursziel von 2370 € für Chipotle Mexican Grill Inc. zeigt sich ein beachtliches Wachstumspotenzial gegenüber dem aktuellen Kurs von 52.76 €.
