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Is Chipotle Too Expensive for 2022?

TheMotleyFool

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Chipotle Mexican Grill (NYSE: CMG) has been an investor favorite since the onset of the pandemic. Management did an excellent job adjusting quickly to restaurant restrictions and developing a robust digital ordering business.

Online sales for delivery and pickup fueled growth for the fast-casual restaurant. However, enthusiasm from investors has sent the stock to elevated levels. Let's look closer and determine if Chipotle is too expensive for 2022.

Image source: Getty Images.

Source Fool.com

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