Why I Won’t Buy Chipotle Mexican Grill -- Even At These Prices

Why I Won’t Buy Chipotle Mexican Grill -- Even At These Prices

I have little doubt that ten years from now Chipotle (NYSE: CMG) will still be around, serving up burritos to the masses. And with the stock now trading at its lowest level in nearly 50 months, you'd think now might be a good time to buy.

But I won't be snatching up shares anytime soon, and I think you should think twice about doing so as well. While the stock could be a winner, in the long run, that's far from a guarantee. What I know for sure right now is this: the company is fragile -- in many ways -- and that should give you pause.

Image source: Getty Images

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Source: Fool.com