According to an article this morning. Burger King just snapped a canadian chain to grow its market share.
What can MCD do? Only to snap another chain like CMG.
While this fartpaste slingin ticker of food woth a conscience may have a low probability of a run up to check 700-720 on a squeeze with 'storiez' of inflation - within 15 months it will trade sub 15.... Enjoy the view in the meantime, dummiez.
Certainly pricing in a lot of growth. Really well run business but I agree the valuation is nose bleed territory. LOCO is a down right bargain in comparison. Food is decent at loco too but it doesn't have the assembly line efficiency that I have experienced at cmg. Given the choice between the two, I would pick loco for the food. loco also has more upside.
that is roughly a gain of $93 million dollars in earnings yoy. The share price has appreciated $300 year over year from 2013 to 2014. This is roughly a $9.3 billion dollar increase in market cap for that additional 93 mill in earnings.. This is not a value play, this is not a bargain, this is not a good investment in any way shape or form. This is priced over 3 times more than any other established restaurant stocks with similar or smaller market caps. Congrats if you made money, but continuing to hope for big gains is a fool's errand imo, and this could very easily get cut in half if the markets actually turn. Irrational exuberance at its' finest---they sell tortillas stuffed with rice, beans and chicken and have a five item menu. This is way more hype than substance folks. GL
"CMG stock unlikely to make big gains until at least next earnings report. Not a good short, but already so richly valued that investors should not expect large gains prior to next earnings." - anonymous analyst
buying puts at the open today was one of the smartest and most lucrative plays of the year. This is a $250-$300 stock generously priced and it is trading @ $680? Lots of room for sell side distribution.
You better hope they keep growing! They'll need to grow like crazy the next several years just to grow into the current evaluation. Depending on how much of CMG you own, I would think of taking some off the table. It has been a "wonderful investment" and it is a wonderful company but at these prices who know if it will keep being a "wonderful investment"
He did pump cmg after an article on Forbe written by a young baby face girl. Any one who bought cmg at 697 this morning by listening to them, will lose money a big time.
Hey bwayjoe68 ... "buying puts at the open..." ehhh ?!? How is "buying puts" working for you ?!?
Do you always blame people for your own poor decisions ??
Get Lost ! !
Sentiment: Strong Buy
Hey trangy ... "Who Bought CMG At 697 This Morning," ehhh?!? 1. None Of Your Business ! !
2. CMG is now 684. 3. Go ahead ... get an attorney to sue Mr. Jim Cramer & Company.
4. See how far you get. 5. Ehhh ... trangy ?!?
Sentiment: Strong Buy
Competitor???? Hahahahahahahaha. Not even worth the cents at the end of a CMG stock price quote. Enough said..good-bye
Congrats if you loaded up on these babies. Easy profits as usual for tines that loaded and were patient.
Why sell a winner? I haven't nor will I moving forward. Too much room for growth yet like overseas, also the Asian concept as well as the pizza thing. What a wonderful investment Chipotle is. Have a Nice Day, I will :)