Here's Why You Should Retain Chipotle (CMG) in Your Portfolio

Chipotle Mexican Grill, Inc. (CMG) is likely to benefit from strong comp performance Chipotlane add-ons and digital initiatives. Also, the emphasis on menu innovation bodes well. However, inflationary pressures are a concern.Let’s delve deeper.Key CatalystsChipotle benefits from strong comps performance. During the fourth quarter of 2023, comparable restaurant sales increased 8.4% year over year. The upside can be attributed to higher transactions, increased average checks and new restaurant openings. This ...