Is It Too Late to Buy Chipotle Stock Now?

Group 1 - Chipotle has significant growth potential, with plans to open up to 315 new locations in 2024, indicating a long-term growth trajectory similar to Taco Bell, which has 8,500 locations [2][3] - The departure of CEO Brian Niccol raises concerns among investors, but the existing leadership team remains largely intact, suggesting stability for the company [4] - Recent same-store sales growth of 11.1% is unsustainable, and a reversion to lower growth rates could be perceived negatively by investors, despite still outperforming the broader restaurant industry [5] Group 2 - Chipotle's stock has experienced significant volatility, with shares currently 20% below their 52-week and all-time highs, reflecting a history of dramatic price fluctuations since its IPO in 2006 [6][7] - The current 20% drop in stock price presents a potential buying opportunity, although further declines may occur before a recovery [8]