5 Reasons to Buy Chipotle Mexican Grill Stock Like There's No Tomorrow
The fast-casual restaurant chain still has a bright future.The stock of Chipotle Mexican Grill (CMG -0.13%) closed at its all-time high of $68.55 on June 18, 2024. At the time, investors were dazzled by the fast-casual restaurant chain's robust growth in comparable-store sales (comps), resilient margins, and clear expansion plans.But since hitting that peak, share prices have declined about 15%. Its stock initially sank last August after Starbucks poached its star CEO. It recovered through the end of the ye ...