After Earnings, Should Investors Bite Into Chipotle Stock?
Shares of Chipotle Mexican Grill (NYSE: CMG) have surged about 10% since the company delivered its fourth-quarter and full-year earnings report after the market closed Tuesday. Investors were cheered that the fast-casual Mexican restaurant chain beat revenue and earnings estimates.
However, the restaurant stock is still down by around 20% from its November high. With the stock price apparently beginning to recover, is now the time to buy?
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Source Fool.com
