CMG remains one of the most popular at the moment among investors and Analysts.
Currently in consolidation a break above $845 could lead to 10% gains in the short term, earnings are on the horizon, so any disappointment could bring significant downside.
P/E ratio 95, High but seems to be forgiven, potential growth prospects are held in higher regards.
Company profile
Chipotle Mexican Grill, Inc. engages in the development and operation of fast-casual, fresh Mexican food restaurants throughout the U.S. It offers focused menu of burritos, tacos, burrito bowls and salads prepared using classic cooking methods. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.
Currently in consolidation a break above $845 could lead to 10% gains in the short term, earnings are on the horizon, so any disappointment could bring significant downside.
P/E ratio 95, High but seems to be forgiven, potential growth prospects are held in higher regards.
Company profile
Chipotle Mexican Grill, Inc. engages in the development and operation of fast-casual, fresh Mexican food restaurants throughout the U.S. It offers focused menu of burritos, tacos, burrito bowls and salads prepared using classic cooking methods. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.