|Bid||711.85 x 1000|
|Ask||718.00 x 800|
|Day's Range||714.99 - 723.00|
|52 Week Range||383.20 - 727.00|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||97.72|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||683.00|
Competition in the fast food space is hot, and in order to stay relevant in the space, companies need to beef up their technology and delivery initiatives, according to Wells Fargo.
Chipotle (CMG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Brinker's (EAT) ambitious expansion plans, along with sales building, digital, operational and remodeling initiatives, are encouraging. High costs remain a concern.
Chipotle Mexican Grill briefly cleared a buy point after an analyst raised her price target Monday. She cited strong second-quarter same-store sales growth without new promotional gimmicks
The markets opened the week with more losses, with trade-war worries still on investors' minds. In particular, semiconductor stocks took a hit, but on the flip side, financials showed some resilience. It's a tricky market in the short term and one investors need to be careful with. Let's look at some must-see stock trades for Tuesday. Must-See Stock Trades 1: T-Mobile Click to EnlargeThe FCC chairman gave his OK for the T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) merger, sending shares higher by 3.7% and 22%, respectively. It's one more step in getting the deal done. InvestorPlace - Stock Market News, Stock Advice & Trading TipsTMUS shares are jumping to new 52-week highs and over channel resistance on Monday. Interested buyers who were waiting for some clarity before getting long now have their chance. A pullback into prior channel resistance -- now near $77 -- could be their opportunity to get long. * 7 High-Yield REITs to Buy (Even When the Market Tanks) A larger correction down to channel support and the 50-day moving average may also be an advantageous spot to initiate a position. Must-See Stock Trades 2: Broadcom Click to EnlargeBroadcom (NASDAQ:AVGO) stock has been hammered over the past few sessions. The stock fell 6% on Monday and has shed 10.5% over the last three trading days. Where will it bottom? I'm watching to see if AVGO will get down to $260. This $256 to $260 area has been notable over the past year, while the 50% retracement for the one-year range is at $257.70. Further, the 200-day moving average is just below at $253.76 and trending higher. While AVGO already sports an attractive dividend yield of more than 3.9%, that yield would surpass 4% on a pullback to $260. Finally, shares are entering an overbought condition. While I don't really want to dabble much with stocks that could get caught in the trade-war crosshairs, this level offers a reasonable risk/reward in Broadcom stock. Must-See Stock Trades 3: Burrito Breakout? Click to EnlargeChipotle Mexican Grill (NYSE:CMG) is flirting with a potential breakout right now. We highlighted this stock as an important one to watch given how strong it has been in the face of market-wide weakness. Learn to spot the stocks showing relative weakness. In any regard, the $721 level has kept a lid on CMG stock since April, but now shares are pushing through. Coupled with a series of higher lows and all of CMG's moving averages trending higher, and this one looks good for more upside. Look for a slightly lower open on Tuesday to see if CMG maintains or recovers this $721 level. A quick recovery likely sends it to new highs. A false breakout could send shares down to the 50-day. Must-See Stock Trades 4: AT&T I like AT&T (NYSE:T) for its cash flow and dividend, but the stock's aggressive rally on Monday morning certainly caught my eye. The stock has been moving much better over the past few sessions and Monday morning's 4% jolt was nice… at least while it lasted. Click to EnlargeT stock has since given up most of those intraday gains, as the 200-week moving average is -- for now at least -- keeping a lid on the stock. A weekly close over $32.31 would gives us confidence more gains can be had. Otherwise, we'll have to see how T does on a pullback into the $30.40 to $31.40 area and see if it can put in another higher low. AT&T has been doing well, but Monday's pop-and-flop is a bit discouraging. Must-See Stock Trades 5: Stitch Fix Click to EnlargeUp 5% on the day and Stitch Fix (NASDAQ:SFIX) is looking better. However, the stock is far from out of the woods. Shares are lodged in a downtrend and are bouncing off channel support on Monday. I first want to see if SFIX can push through the $24 to $24.35 area. If it can, it sets up a test of its 20-day moving average and channel resistance near $25.32 to $25.50. Above that and it can gain some real momentum, but for now, I'm in the wait-and-see camp rather than the benefit-of-the-doubt camp. * 7 Stocks to Buy for Over 20% Upside Potential If $24 to $24.35 is resistance, look for another test of channel support. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long T. Compare Brokers The post 5 Must-See Stock Trades for Tuesday: TMUS, CMG, T, AVGO appeared first on InvestorPlace.
The shares have soared this year, but Piper Jaffray’s Nicole Miller Regan says sentiment on the Street doesn’t reflect how fundamentals are improving at the fast-food company.
Papa John's (PZZA) focus on strong brand building and international expansion, coupled with technology-driven initiatives, are likely to boost performance while declining comps remain a concern.
Exclusive three-month beta program access now available to emerging hedge funds attending 2019 Battle of the Quants conference NEW YORK , May 20, 2019 /PRNewswire/ -- Thasos, an alternative data intelligence ...
Generation Investment Management, the firm Al Gore co-founded, is handily beating the S&P 500. Here’s what it’s buying and selling.
CMG's (NYSE:CMG) first quarter results continued to demonstrate the significant progress that CEO Brian Niccol and his team have made in dramatically improving performance and positioning the company for long-term sustainable growth. Warning! GuruFocus has detected 6 Warning Signs with CMG.
Pershing Square Holdings generated strong performance during the first quarter of 2019 and year-to -date. NAV per share increased 36.9% during the first quarter and by 38.4%1 year-to-date, compared with the S&P 500's year-to-date total return of 13.9%. Warning! GuruFocus has detected 5 Warning Signs with FNMA.
Pershing Square Holdings , the hedge fund controlled by billionaire Bill Ackman , reported strong performance in the first quarter of 2019. The fund’s net asset value per share increased 36.9 percent during ...
Pershing's 2019 success, well ahead of the broader stock market, is in large part thanks to the outperformance of a handful of Ackman's stock picks. Chipotle Mexican Grill, for example, is up 65% this year while Restaurant Brands International is up 30%. Ackman first bought Chipotle stock in 2016 at an average price of $405 per share.
Domino's Pizza (DPZ) rides on robust domestic and international comps growth, solid brand positioning, global expansion, and digitalization.
A new Citi survey suggests consumers’ concerns about Chipotle Mexican Grill are easing, pointing to a continued rise in its stock price.
Jack in the Box's (JACK) comps growth in second-quarter fiscal 2019 can be attributed to an improvement in average check growth.
Yum China's (YUMC) responsible brand building, strong financial position, menu innovation and digital initiatives continue to aid the stock.
Billionaire hedge fund manager Bill Ackman has had his ups and his downs. Ackman has lost big before, in Valeant and shorting Herbalife. He has also won big with McDonalds and Chipotle. So far 2019, Ackman is up big. According to the Pershing Square Holdings, LTd website, NAV is up 38.4% year to date as of May […]
Starbucks (SBUX) gains from a solid global footprint, successful innovations, best-in-class loyalty program and robust business in China as well as Americas.
The world's 10 biggest restaurant companies, arranged by market capitalization – from McDonald's to Brinker International – are mostly chain operations.
A boutique hedge fund, Choice Equities Capital Management recently shared its Investor Letter for the first three months of 2019, which we shared here. In it, the fund reported being up 10.5% for the quarter, and it also posted comments on a couple of its holding, including Chipotle Mexican Grill, Inc. (NYSE:CMG), for which it […]
While Chipotle (CMG)'s 61% stock price gain in 12 months means that it trades on a relatively high valuation, its growth strategy could mean it has further upside. The quick service restaurant business is investing heavily in its digital capabilities, as it seeks to boost its competitive advantage. It has also recently introduced a loyalty program, while its marketing investment is helping to differentiate it from sector peers.
Cornerstone Macro's Carter Worth on whether stocks are running out of steam. With CNBC's Bob Pisani and Melissa Lee, and the Fast Money traders, Tim Seymour, Mark Tepper, Dan Nathan and Guy Adami.