Buy the Dip on Chipotle (CMG)

2 months ago

"Okay, let's start with Chipotle CMG. Now, as you know, Chipotle, or as I like to say, Chipotle is a popular restaurant chain with more than 3,500 locations focused on premium customizable burritos, bowls, and salads. Right now, because their stock is trading at such a discount, in my opinion, it's an unbelievable deal. This pullback is giving long-term investors a rare opportunity, and I'd argue it's very quality growth at a discount. Historically, these dips have been phenomenal long-term entry points. If you're buying the dip on this right now and you're simply holding it for the next few years, you're going to do well."

The speaker expresses a strong bullish view on Chipotle (CMG), describing its current discount as a rare buying opportunity thanks to its expanding digital ordering, new store openings, and international growth. The recommendation is to buy the dip and hold for the next few years, capitalizing on the company's consistent same-store sales and profitability.

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