diagonal
spacer

Chipolte Mexican

By Steve Abraham on Oct 08, 2007

CMG has been in a steady uptrend for the last six months. The stock brokeout in May on huge volume and has not looked back. Chipotle Mexican Grill, Inc. engages in the development and operation of fast-casual, Mexican food restaurants in the United States. As of December 31, 2006, it operated 581 restaurants, including 8 franchise restaurants. Chipotle Mexican Grill, Inc. was formerly a subsidiary of McDonald’s Corp. The company was founded in 1993 and is based in Denver, Colorado ( yahoofinance). Earnings are increasing better than 85% on a year over year basis.  I would wait for a little consolidation before jumping in, but it looks like CMG is a stock to keep an eye on for awhile.

chipolte.PNG

 

spacer
This entry was posted on Monday, October 8th, 2007 at 4:35 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


7 Responses to “Chipolte Mexican”


By My Trader's Journal on October 9th, 2007 at 11:30 am

Barron’s ran a follow-up piece on CMG this week. The writer basically said he didn’t think the fundamentals supported the high price. They’d have to be perfect for the next few years not to deserve a big pull back.
I’m sitting on a November 105 naked put I sold way out-of-the-money to at least get a little profit from it while it finds a direction. This is my second time around on CMG after doing well last time. I think it’ll come back down some before having too much more of a rise.
http://mytradersjournal.com/stock-options/2007/09/24/option-trades-naked-puts-covered-calls/

By Mario Zigliotto on October 17th, 2007 at 4:03 pm

My stomach indicated a bullish trend the first time i ate there… their food is fantastic, no surprise it has gone straight up since feb 06 :)

By Don matoush on November 7th, 2007 at 2:22 pm

I would like to obtain information concerning the possibility of opening a Chipoltie restaurant (FRANCHISE) in the norhtwest area of Denver. From what I have read, I understand that only about 1 1/2% of your locatons are franchise operations, and I would like to find out what the requirements are to be considered as a potential franchisee.

We are currently considering the purchase of a commercial building with over 3,ooo square feet of space. It is broken down into three units: the first two are a little over 600 square feet each; the third unit is more than 4 times this size and is where we were considering the possibility of opening a Chipolte Reastaurant.

If you could email me a response -with the name, address and phone number of a contact person- I would greatly appreciate it.

Thank you.

Don Matoush (Denver area)

By Helen Boggs on December 20th, 2007 at 1:59 pm

I don’t know if it gets better than this! Everything is so definate. Wize trade shows profits for a long time

By Anthony Sumner on January 10th, 2008 at 2:42 pm

History aside, Chipotle capitolized on America’s love of Mexican food craze. And more specifically, they have a fast food mentality with restaurant quality. That makes for good business. Not too mention, they’re food has huge portions. Besides all that though; Wizetrade charted Chipotle as a heavy hitter a year ago.

By Helen Boggs on January 18th, 2008 at 3:03 pm

I really love these kinds of stocks. They’re very predictable in my opinion. I can also confidently take the opinion of myself, you guys, and wizetrade.

By Terri Howell on October 10th, 2008 at 9:45 pm

I live in ohio and would like some information about a franchise in our town the cosest is 30 to 40 min away. Got aperfect place to put one outside the mall parking lot hank You Terri Howell

Leave a Comment


Comments: