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Where Will Chipotle Mexican Grill Stock Be in 1 Year?


Chipotle Mexican Grill (NYSE: CMG) has done an outstanding job growing its business over many years, in particular after facing down the pandemic with a strong digital strategy.

Its stock has moved in tandem, and although it ended 2022 almost on par with the S&P 500's 18% loss, it's showing signs of renewed life, gaining 4% over the past six months.

As for its business, it's not missing a beat, opening new restaurants and hiking prices to match the inflationary environment. As it embarks on a new year, what can we expect in 2023?

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Source Fool.com

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