|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||338.37 - 345.88|
|52 Week Range||263.00 - 499.00|
|PE Ratio (TTM)||66.97|
|Earnings Date||Feb 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||324.74|
Shares of Chipotle Mexican Grill (CMG) are higher on Friday, following an upgrade, although analysts aren't particularly bullish on the stock. Let's start with the sort-of good news. Raymond James's Brian Vaccaro and Brandon Sonnemaker raised their rating on Chipotle to Market Perform from Underperform, writing that they don't see material downside risk to 2018 estimates any more. Vaccaro and Sonnemaker also raised their 2018 estimates, given the company's decision to do a third round of menu price increases, along with stabilizing industry trends.
All eyes are on the bond market this morning as the 10-year Treasury yield creeps above 2.6% toward its post-election high of about 2.62%. There's a school of thought that if that level breaks, yields ...
In light of recent gaffes from the likes of Chipotle Mexican Grill, Inc. (NYSE:CMG), Equifax Inc. (NYSE:EFX) and United Continental Holdings Inc (NYSE:UAL), it’s not as if Intel Corporation (NASDAQ:INTC) didn’t know what to expect (and what to do about) the recent revelation that most of its computer processors were vulnerable to some rather nasty hacking. How the company responded to it is fair game for judgment, whether or not you own INTC stock. With that as the backdrop, here’s the report card of what Intel did well and didn’t do well in response to the Spectre and Meltdown dust-up.
Today we feature three of the best trades for the days ahead. Despite the magnitude of the retreat, shares are still above the rising 50-day moving average, suggesting the intermediate- and long-term trends are still pointing higher.
Hexavest is a Montreal-based institutional investment manager that is 49% owned by Eaton Vance. Being contrarian is Hexavest’s raison d’être. Jean-René Adam, co-chief investment officer, declares in the firm’s introduction video, “When everybody’s bullish on something, we see that as a negative.” One negative that Hexavest is facing is that its U.S. equities investments, which totaled about $8.8 billion on Dec. 31, are trailing the Standard & Poor’s 500 index for every time period when fees are taken into account.
Apple shares at record highs as it looks to bring back hundreds of billions in overseas cash. Looking to get in? Yahoo Finance's Jared Blikre breaks down the trade with Jen Rogers.