Overpriced and Overcooked: Sell Chipotle Stock Now
Chipotle Mexican Grill(CMG) 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 ...