Stock in Chipotle Mexican Grill is just like their menu, some like it spicy and others like
Question:
Stock in Chipotle Mexican Grill is just like their menu, some like it spicy and others like it a little more mild. Well, their stock price has been doing the same thing for the past year, while it has grown overall it has also been doing a little peak and valley action to keep the ride exciting. Which we all know is what the stock market does! The increase of over $300 per share in one year seems like a good stock to invest in for me. The past three months have had a little decline in the stock price but the past week the price is starting to rebound. Chipotle Mexican Grill is one of the restaurants that really used the pandemic to make changes for the better and now CMG is seeing that its digital loyalty program is bringing customers back, again and again.
Investing in a company that is continuing to expand in the United States as well as other countries to diversify seems like a solid company to me. The working capital of Chipotle Mexican Grill in the second quarter of 2023 was higher than the second quarter of 2022 by $350,000 so it feels like they are preparing themselves for more expansion activities. Chipotle Mexican Grill works with 53 fresh ingredients to bring you a fresh meal when you order it; that business model has Chipotle Mexican Grill expanding in the United States, Canada, as well as Europe. Now is the time to invest as Chipotle Mexican Grill has their carne asada back for a limited time, don't miss out, get in while the grill is still hot!
Directions:
In your response posts to your peer, discuss the following:
- Do you agree with your peer's argument to either invest or not invest in their company? Explain why or why not. Make sure to include information not previously shared by your peer.