There are few guarantees in the stock market, but one thing you can count on is growth at Chipotle Mexican Grill (NYSE: CMG). The Tex-Mex specialist has a recipe that investors can savor, and it features ingredients like restaurant openings, comparable-store (comps) sales increases, and high profitability.

However, its stock is already up 59% in 2023, and it trades at a high valuation. Can it go any higher? 

Chipotle has been on a hot streak for most of its two decades as a public company. It managed to grow revenue and stay profitable throughout the pandemic era save for one quarter, and has continued to demonstrate strong performance despite inflation.

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Source Fool.com