Chipotle Mexican Grill (CMG) has long been the fast casual restaurant against which all competition is judged. After a tumultuous 2016 (down 30% from March 2016 highs), CMG is now up 24% year-to-date (S&P up 6%). Can the stock continue its impressive run?
Does the valuation imply realistic future cash flow growth?
To learn more, watch New Constructs CEO, David Trainer, discuss Chipotle’s valuation and the implied market expectations embedded in the stock price on CNBC’s Closing Bell.
This article originally published on April 24, 2017.
Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, style, or theme.
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