Should You Buy Chipotle Stock Hand Over Fist in February?
Despite reporting what I thought were very solid results, Chipotle Mexican Grill (NYSE: CMG) shares were under pressure the day following its fourth-quarter 2024 financial update. That still doesn't take away from the fact that this top restaurant stock has soared 233% in the past five years (as of Feb. 7).Chipotle continues to operate at an extremely high level, standing out from industry peers. Should you buy the stock hand over fist in February?During the three-month period that ended Dec. 31, 2024, Chipotle increased revenue 13.1% year over year to $2.8 billion. That capped off another year that saw the burrito purveyor post a double-digit top-line gain. That last time Chipotle reported sales growth of less than 10% was in 2020. The impressive streak continues.Continue reading
Despite reporting what I thought were very solid results, Chipotle Mexican Grill (NYSE: CMG) shares were under pressure the day following its fourth-quarter 2024 financial update. That still doesn't take away from the fact that this top restaurant stock has soared 233% in the past five years (as of Feb. 7).
Chipotle continues to operate at an extremely high level, standing out from industry peers. Should you buy the stock hand over fist in February?
During the three-month period that ended Dec. 31, 2024, Chipotle increased revenue 13.1% year over year to $2.8 billion. That capped off another year that saw the burrito purveyor post a double-digit top-line gain. That last time Chipotle reported sales growth of less than 10% was in 2020. The impressive streak continues.
