3 Reasons Chipotle Stock Is a Buy
On March 11, the World Health Organization declared COVID-19 a pandemic. This pandemic has ushered in a bear market that is decimating stocks. Among the hardest hit are those in the restaurant industry, and Chipotle Mexican Grill (NYSE: CMG) is no exception. The stock has lost more than one-third of its value in just one month.
Avoiding an investment in Chipotle may be a terrible long-term move. In fact, here are three reasons why you should consider buying Chipotle's stock, even in this current economic environment.
Image source: Chipotle Mexican Grill.
Source Fool.com