Chipotle Is a Magnificent Stock. Here's Why You Shouldn't Buy It.

We are almost three months into 2024, and it's nothing new from Chipotle Mexican Grill (CMG -0.79%). Shares of this popular Tex-Mex restaurant chain are up 27% year to date. And in the past five years, this top restaurant stock is up more than fourfold, crushing the gains of both the S&P 500 and Nasdaq Composite. In fact, shares have climbed from just $22 when Chipotle went public in early 2006 to over $2,900 per share as of this writing. This incredible run has spurred management to announce a 50-for-1 sto ...