The new, limited time protein is available now in Nashville and SacramentoNEWPORT BEACH, Calif., Aug. 27, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is testing Chipotle Honey Chicken at 80 restaurants in Nashville, Tenn. and Sacramento, Calif. The latest chicken menu innovation will spice up guests' go-to-orders with a unique heat from chipotle peppers and a touch of sweetness from pure honey that is unlike any of its proteins yet.For a limited time, Chipotle Honey Chicken is ...

The stock is down but still trades at a premium valuation.A big shake-up just hit Chipotle Mexican Grill (CMG 0.49%). Longtime chief executive officer (CEO) Brian Niccol just announced a surprising departure to Starbucks. Niccol has been instrumental in delivering a turnaround for Chipotle after its foodborne illness outbreaks, leading the stock to 800% returns since joining in 2018, making it one of the best-performing stocks in the world over that time.Leaving a company -- especially for a competitor -- w ...

There's no need to panic about Brian Niccol's departure, but there are still some important unanswered questions about the fast-casual chain's future.On Aug. 13, Starbucks shocked the investing world when it hired the CEO of Chipotle Mexican Grill (CMG 0.49%) to be its next CEO. Brian Niccol has led Chipotle since 2018, and he oversaw dramatic improvements across the business.Some investors might feel like this hire is being overhyped. But consider that Starbucks was willing to absolutely break the bank to ...

Investors would be wise to keep these stocks on their watchlists, but not buy today.The market has gone on a wild ride this summer. Take the Nasdaq-100 index. In early July, it hit an all-time high, then subsequently fell over 10% in less than a month. Now, it has begun to rocket higher again, recovering most of these losses in the first half of August. Volatility is normal in the stock market, but this has been a wild ride for growth investors so far in 2024. Even if the financial pundits seem like they ar ...

Chipotle's fairy tale from the first half of 2024 has taken a dramatic plot twist.Billionaire Bill Ackman may or may not like to eat out. But he certainly seems to like investing in companies that profit from others eating out. His Pershing Square Capital Management hedge fund only owns nine stocks -- and two are in the restaurant industry.Of these two restaurant stocks, Ackman has a bigger position in Chipotle Mexican Grill (CMG -0.52%), which conducted a massive 50-for-1 stock split after the market close ...

Leadership uncertainty might prompt investors to take a look at Cava.Many investors have debated whether the better fast-casual restaurant stock is Cava Group (CAVA -1.99%) or Chipotle Mexican Grill (CMG -1.33%). Considering that Cava is following Chipotle's playbook, in the Mediterranean food genre, and is a much smaller company, it is a worthy debate.However, the calculus changed upon the announcement last week that CEO Brian Niccol would be leaving Chipotle to take over the top job at Starbucks. Niccol w ...

Stephanie Link, Chief Investment Strategist & Portfolio Manager at Hightower Advisors, isn't shying away from Chipotle Mexican Grill Inc CMG despite its recent stock decline.The Newport Beach, California-based fast-casual franchise is down more than 20% since June 18. Link started a position in Chipotle when it was down over 13% on Tuesday, Aug. 13.“This was a name we were watching as the market declined because it is a high-quality business, and you typically don't get many opportunities to buy this name o ...

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?Tencent Music Entertainment Group TME shares dipped 18.18% after the company reported a second-quarter revenue miss. Several analysts cut the price target on the stock.Mobileye Global Inc. MBLY stock fell 5.92% last week. RBC Capital lowered its price target on the stock from $34 to $24.Rivian Automotive Inc.’s RIVN stock declined 5.37% after it reportedly halted production of the electric commercial van it mak ...

Chipotle is going through a transitional period, but its long-term potential remains strong.Chipotle (CMG -2.78%) has been one of my favorite fast-casual restaurants for quite some time now. It's also been an investor favorite during the past half-decade or so. It has far outperformed all three major indexes (S&P 500, Nasdaq Composite, and Dow Jones) and many top-class growth stocks during that span.Unfortunately for Chipotle investors, it's been a shaky ride since its 50-for-1 stock split in mid-June. The ...

How a new CEO could make a mark on the company.While Starbucks got a lot of positive press following the hiring of its new CEO, Brian Niccol, Chipotle Mexican Grill (CMG -2.78%) just lost the individual who had helped guide it successfully over the past six years. Let's look at the potential effect on the company and whether the stock is still a buy.CEO jumps ship to StarbucksBrian Niccol jumping ship to go from CEO of Chipotle to taking the reins at Starbucks shocked the investment world, sending shares of ...