3 Stocks Set to Drop: Twitter, Ellie Mae, and Chipotle
With the market at an all-time high, it's good for investors to be selective with their stocks. Companies with broken business models, unpredictable headwinds, or brand-tarnishing scandals are best avoided. Let's take a closer look a three stocks that fall into those categories -- Twitter (NYSE: TWTR), Ellie Mae (NYSE: ELLI), Chipotle Mexican Grill (NYSE: CMG).
Twitter's monthly active users rose 5% annually to 328 million last quarter, but that was flat from the previous quarter. Its total revenue slipped 5% annually to $574 million, and its ad revenue fell 8% -- marking its third straight quarter of ad revenue declines.
Image source: Pixabay.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€50.17
-1.060%
With 77 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 50.17 € the target price of 2357 € shows a potential of 4598.03% for Chipotle Mexican Grill Inc. which would more than double the current price.
