Costco and Chipotle Investors Need to Learn This History Lesson
Both Chipotle (NYSE: CMG) and Costco (NASDAQ: COST) stocks have been huge winners for long-term shareholders. Their returns have more than doubled those of the S&P 500 index over the last 10 years, with Chipotle up 486% and Costco up 779%. The stocks have different but high-quality business models that have driven durable growth for many years, which should continue into the future.
But just because a business is good doesn't mean the stock is a buy. Investors looking at buying shares of Chipotle or Costco need to learn a history lesson from 50 years ago.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€45.89
-2.400%
With 70 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 45.89 € the target price of 2478 € shows a potential of 5300.46% for Chipotle Mexican Grill Inc. which would more than double the current price.
