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2 Growth Stocks Down 20% or More to Buy Right Now
The Motley Fool· 2024-07-24 14:00
These growth stocks look poised to rebound.It would be nice if stocks only went straight up, as that would make investing a lot easier. However, even growth stocks will fall in price from their highs. These stock dips, though, can often be good opportunities to scoop up a stock at a more attractive price.Let's look at two growth stocks down 20% or more that investors can consider buying.1. Chipotle Mexican GrillChipotle Mexican Grill (CMG -1.12%) has been one of the best-performing restaurant stocks over th ...
Up 17% This Year, Will Higher Pricing Boost Chipotle's Stock Post Q2 Earnings?
Forbes· 2024-07-24 08:00
Chipotle Mexican Grill logo is seen in Manhattan, New York, United States of America, on July 6th, ... [+] 2024. (Photo by Beata Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty ImagesChipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more, is scheduled to report its fiscal second-quarter results on Wednesday, July 24. We expect CMG’s stock to trade higher with revenues and earnings beating the expectations in i ...
Time to Buy Chipotle's Stock as Much Anticipated Q2 Earnings Approach?
ZACKS· 2024-07-23 22:15
In its first earnings report since a historic 50-1 stock split last month, Chipotle Mexican Grill  (CMG)  will report Q2 results on Wednesday, July 24.Wall Street and of course retail investors will be scoping the retail restaurant giant’s Q2 report with its stock trading at a much more affordable price tag of $52 compared to over $3,000 pre-split. Seeing as the underlying fundamentals of a company don’t change when its stock splits, let’s see if it’s time to buy CMG as earnings approach.Q2 Expectations for ...
2 Magnificent S&P 500 Stocks Down 20% to Buy and Hold Forever
The Motley Fool· 2024-07-23 14:15
Even great businesses have short-term stock sell-offs.The S&P 500 is one of the most referenced measures in investing. This index includes 500 of the world's largest publicly traded companies and is often used as a proxy for how the overall stock market is performing. The index isn't just 500 random companies, but rather ones that are large enough and have met certain key criteria such as sustained profitability.While companies in the S&P 500 are generally strong businesses, even the best can go through rou ...
Should You Bet on Chipotle (CMG) Stock Ahead of Q2 Earnings?
ZACKS· 2024-07-22 12:45
Chipotle Mexican Grill, Inc. (CMG) is slated to release results for second-quarter 2024 on Jul 24, after the market close.In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 15%. The company’s top and the bottom line increased 14.1% and 27.3% year over year, respectively. Chipotle enhanced throughput and effective marketing initiatives like Braised Beef Barbacoa and Chicken Al Pastor, leading to strong sales and transaction growth.CMG has an impressive track record ...
Should Investors Treat Chipotle Like It's a Tech Stock?
The Motley Fool· 2024-07-21 09:10
The company likely owes some of its productivity gains to technology.Chipotle (CMG 0.30%) has received considerable help from an unexpected area -- the technology industry. The company launched an enhanced digital ordering app in 2017, and artificial intelligence (AI) and robotics are playing an increasingly important role in the ordering process.As a restaurant stock, Chipotle is far removed from the goals of an Nvidia or a Microsoft. Nonetheless, the case for treating Chipotle like a tech stock may not se ...
After Chipotle's Stock Split, Should You Buy Before July 24?
The Motley Fool· 2024-07-18 09:10
Chipotle will release its Q2 earnings on July 24. What should investors look out for?Chipotle Mexican Grill (CMG -4.24%) finally executed its much-anticipated 50-for-1 stock split last month. The fast-casual pioneer saw its stock price rise to well over $3,000 before the split, ultimately deciding that reducing the stock price was necessary.Chipotle joins a growing list of companies deciding to split, and splits have become popular again after years of falling out of favor. Why?There are a few factors that ...
Making Dollars and Sense of Chipotle's New Price Targets
The Motley Fool· 2024-07-17 15:50
Chipotle's stock underwent a 50-for-1 split, but most analysts took a different path to recalibrating price targets.A stock split doesn't just adjust a publicly traded company's price and how many shares its investors own. Analysts also need to revise their profit targets to keep up with the new math.It's been three weeks since Chipotle Mexican Grill (CMG -3.81%) executed its 50-for-1 stock split. The seamless transaction replaced every single share at the old price with 50 new shares at 2% of the former pr ...
Chipotle Mexican Grill (CMG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-17 15:08
Wall Street expects a year-over-year increase in earnings on higher revenues when Chipotle Mexican Grill (CMG) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July ...
Overpriced and Overcooked: Sell Chipotle Stock Now
Investor Place· 2024-07-17 10:45
Chipotle Mexican Grill (NYSE:CMG) is known for generously sized burritos — or at least, the company used to be known for big burritos. In the world of consumer goods, perception is reality, and the public’s perception of Chipotle isn’t ideal. Investors shouldn’t be too hungry for Chipotle stock in July.In the wake of Chipotle’s much-talked-about 50-for-1 share split, the stock may appear very cheap. Just because Chipotle shares are more affordable doesn’t mean they’re actually cheap. Knowing the difference ...