605.95 +0.06 (0.01%)
After hours: 6:26PM EST
|Bid||605.90 x 800|
|Ask||607.15 x 800|
|Day's Range||601.18 - 609.29|
|52 Week Range||286.76 - 612.60|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||96.02|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||551.20|
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Friday evening: The Walt Disney Co. : "You don't sell Disney, you stick with it for the long term.
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)Chipotle worked wonders for Bill Ackman Bill Ackman initiated a stake amounting to $1.19 billion in Chipotle Mexican Grill (CMG) in September 2016. The average
How Much Upside Is Left in Chipotle Stock?(Continued from Prior Part)Analysts’ expectation Analysts expect Chipotle Mexican Grill (CMG) to post EPS of $12.25 in 2019, which represents growth of 35.2% from $9.06 in 2018. The EPS growth is likely to
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)Holdings driving Pershing Square’s outperformance In Pershing Square’s latest shareholder letter, Bill Ackman explained what’s been driving
How Much Upside Is Left in Chipotle Stock?(Continued from Prior Part)Analysts’ revenue estimatesIn 2019, Chipotle Mexican Grill (CMG) expects revenue of $5.29 billion, which represents growth of 8.8% from $4.86 billion in 2018. The revenue growth
How Much Upside Is Left in Chipotle Stock?(Continued from Prior Part)Valuation multiple The rise in Chipotle Mexican Grill’s (CMG) stock price has increased its valuation multiple. As of February 13, the company was trading at a forward PE multiple
How Much Upside Is Left in Chipotle Stock?Stock performanceAs of February 13, Chipotle Mexican Grill (CMG) was trading at $599.62, which represents a rise of 14.0% since the announcement of its fourth-quarter earnings on February 6. Also, the
Pershing Square's investment in Chipotle buoyed Pershing's gross returns by 6.2 percent in 2018 and is up more than 38 percent year to date. Another strong performer for manager Bill Ackman this year has been United Technologies, the $107 billion Dow component that manufactures industrial equipment. Activist investor Bill Ackman's Pershing Square Holdings is off to a strong start in 2019 thanks to some key new stakes and outperformance of prior investments.
Recent outperformance has been driven by investments in ADP, Lowe's, Starbucks and Chipotle, according to the activist investor.
The world's 10 biggest restaurant companies, arranged by market capitalization – from McDonald's to Brinker International – are mostly chain operations.
Not every video game company lives and dies by the same MAUs as "Fortnite," and investors can take advantage of skewed perceptions here.
High-growth stocks draw the lion's share of the attention in financial media. These securities usually show higher levels of volatility and often represent the future of the American economy. Today, these equities often revolve around new technologies like AI, VR and the Internet of Things (IoT).However, concepts that we might consider "new again" also draw this interest. Due to decades of suppression, cannabis has become one of these areas. Also, judging by the performance of Chipotle (NYSE:CMG), even equities revolving around fast food can turn into high-growth stocks with the right approach. * 10 Best Dividend Stocks to Buy for the Next 10 Months As one might expect, the overwhelming majority of these stocks carry the high P/E ratio that goes along with elevated growth. However, not all prospective buyers want that level of risk. Fortunately, a few high-growth stocks also fall into the "undervalued stocks" category. The following equities constitute some of the best stocks for combining growth with value:InvestorPlace - Stock Market News, Stock Advice & Trading TipsSource: Shutterstock AbbVie (ABBV)Drug equities don't often make lists of high-growth stocks. AbbVie (NYSE:ABBV) formed in 2013 when it split from Abbott Laboratories (NYSE:ABT). It constitutes what was once Abbott's pharma division.ABBV stock has suffered in recent months as its old blockbuster drug, Humira, faces patent expirations in many countries. However, AbbVie's drug pipeline has received favorable reviews. For this reason, most analysts believe that a new drug or a combination of future best sellers will more than replace the income lost from generic versions of Humira.Still, due to the uncertainty, ABBV stock trades at only 8.4 times forward earnings. However, even with a single-digit P/E ratio, Wall Street predicts 10.6% profit growth for 2019. They also believe the average increase will come in at almost 13.4% per year over the next five years.ABBV also offers one key benefit stemming from its former association with Abbott -- dividend aristocrat status. Walking away from its 46-year streak of payout hikes would put ABBV stock at risk. Hence, one can assume the increases will continue. Their board also approved a 40% increase in 2018 and a 19% hike for this year. Given the pressure to raise dividend payments every year, this is a remarkable show of confidence. Moreover, thanks to a lower stock price and higher dividends, the yield now stands at 5.4%.Investing in ABBV stock now involves some faith. However, with a single-digit P/E, double-digit profit growth, and a generous, growing dividend, investors could receive tremendous rewards for believing.Source: Apple Apple (AAPL)With its $800 billion market cap and massive slide last fall, Apple (NASDAQ:AAPL) might seem like a strange choice for a high-growth stocks list. Indeed, both the stock and the earnings projection saw a considerable move lower as iPhone sales fell well short of initial estimates. Also, laws of mathematics weigh on growth. An increase in AAPL's market cap of just 10% would mean $80 billion in growth, eight times the minimum size of a large-cap stock.However, as smartphone prices fall, Apple is working to make itself less iPhone-dependent. It no longer reports iPhone unit sales. Moreover, moves into services and healthcare should bring new sources of revenue.Due to tepid iPhone sales, profit growth for the year will come in at only 0.3%. But it should reclaim its high-growth status assuming the predicted 11.5% growth (and higher in the years after) comes to pass. * 7 Bank Stocks to Buy After the BB&T-Suntrust Mega-Merger AAPL stock may suffer for a time as it works to diversify sales away from the iPhone. However, with its enormous cash hoard and its ability to pioneer new technologies, AAPL stock will remain a solid growth story as it works to reclaim its $1 trillion market cap.Source: Shutterstock CannTrust (CNTTF)I normally would not place an equity with a 51.5 trailing P/E ratio in the "cheap" category, but compared to peers in the cannabis space, CannTrust (OTCMKTS:CNTTF) remains inexpensive. Although one can place almost every marijuana equity in the "high-growth stocks" category right now, CannTrust stands out with its consistent profitability.For those concerned about the OTC listing, CannTrust applied to trade on the NYSE last month. Once that listing occurs, more traders can buy it, so it should see some increase at that time.As most know, the Canadian marijuana boom came to an abrupt end in October when the product gained full legal status in Canada. However, legalization of one form of cannabis, hemp, has reignited this boom south of the Canadian border. The equities of larger peers such as Canopy Growth (NYSE:CGC) have already recovered most of the losses which occurred following legalization in Canada. CNTTF stock has also risen by more than 60% from its December low.Even if full legal status does not come soon, both hemp and CBD-related products alone should allow for massive growth across the U.S. With its specialty in cannabis oils, CannTrust should benefit. The company also expanded into Europe by becoming the first and only foreign seller of cannabis oil in Denmark beginning in October.At this moment, most cannabis equities could be described as high-growth stocks. However, with its relatively low P/E, its focus on cannabis oil, and the move to the NYSE, CannTrust delivers this growth at a lower risk compared with its key peers.Source: Qualcomm Qualcomm (QCOM)Qualcomm (NASDAQ:QCOM) stock has suffered in recent years. A long-running legal dispute with Apple has resulted in the exclusion of Qualcomm chips from the later models of the iPhone. This and other legal battles regarding its licensing practices have weighted on QCOM. As a result, the stock trades nearly 40% below a multi-year high last seen in 2014.However, a great deal of anticipation surrounds its 5G-capable Snapdragon 855 chip. Carriers have begun to launch 5G networks, and most expect 5G capable phones to see a wide release beginning later this year. While QCOM's chip will not appear in the iPhone, makers of Android-powered smartphones have shown an interest. As a result, analysts believe that profit increases will again see double-digit increases beginning in 2020. After years of profit declines, Wall Street predicts that annual growth will average 10.7% per year over the next five years. This will occur just as the company's forward P/E ratio falls to around 11.6.QCOM stock has also quietly developed a reputation as a dividend-paying stock. Despite declining profits in past years, Qualcomm has hiked its payout for eight years in a row. As a result of the increases and the lower stock price, the dividend yield has risen to about 4.9%. * 7 Breakout Stocks In Early 2019 Yes, its dispute with Apple has weighed on the stock. However, thanks to 5G, the company has developed a new source of revenue. Investors can also collect a generous dividend while waiting for 5G to revive QCOM. Thanks to that dividend, QCOM stock should pay off even if it does not pay off in growth.Source: Shutterstock Spirit (SAVE)Spirit (NYSE:SAVE) has offered value and growth to an industry not known for fostering high-growth stocks: airlines. For decades, Southwest (NYSE:LUV) brought innovation to the industry as its take on air travel brought lower fares, profits, and high-growth to a stagnant, unprofitable industry.Today, Spirit leads that charge. As the leader of the ultra-low-fare segment of the industry, it continues to see massive profit growth and expansion in both domestic and international markets. Spirit has won over price-sensitive customers who will trade perks such as in-flight beverages and carry-on bags for lower costs.Like Southwest, Spirit has depended on one plane type. However, the company now plans to add a type of regional jet to its fleet. This will allow SAVE to bring low fares to smaller markets dominated by legacy carriers.Even without smaller markets, it has already seen growth numbers that shoot toward the stratosphere. Analysts forecast profit growth of 45.7% for 2019. They also believe earnings increases will average above 20% per year for the foreseeable future.Despite this growth, Spirit, like other airlines, has struggled to achieve higher P/E ratios. This may explain why its multiple is only slightly higher than slower-growth airlines such as American (NASDAQ:AAL) or Delta (NYSE:DAL). SAVE's forward P/E currently stands at around 9.6.Admittedly, few gravitate to airlines when looking for cheap, high-growth stocks. However, the massive profit growth and continuous expansion show that Spirit has become the king of the ultra-low-fare airline sector. Driven by small markets and foreign expansion, profits should continue to climb.As of this writing, Will Healy is long ABBV and CNTTF stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post 5 High-Growth Stocks Undervalued by the Market appeared first on InvestorPlace.
Chipotle is teaming up with Oscar-winning documentary filmmaker Errol Morris for a series of ads touting its fresh ingredients. The digital and television spots show employees making guacamole, grilling ...
Volume fell on both major exchanges vs. the same time Friday. U.S. stock indexes were mixed, The lower volume suggested funds weren't fully behind the moves.
Zacks.com featured highlights include: Robert Half, Caseys, Chipotle, Foot Locker and Comfort Systems
Chipotle Mexican Grill Inc. said Monday that it has brought on documentarian Errol Morris to create digital and television ads that showcase the fast-casual chain's operations over the past quarter century. Errol Morris was the director and producer of the Oscar-winning documentary "Fog of War." The "Behind the Foil" spots will include scenes in Chipotle's kitchens including prep routines, the company's farming partners and its employees. On Monday from 8:30am to 10:30am PT, Chipotle will also broadcast its morning food preparations at the Woodbury Town Center in Irvine, Calif. on Facebook. Chipotle shares have skyrocketed more than 128% over the past year while the S&P 500 index has gained 3.4% for the period. See: Chipotle's digital sales and marketing initiatives could finally put illness outbreaks in the past
NEWPORT BEACH, Calif., Feb. 11, 2019 /PRNewswire/ -- Chipotle Mexican Grill (CMG) today announced the launch of Behind the Foil, the most intimate look into the company's operations in its 25-year history. The documentary-style digital and TV spots, shot by famed documentarian Errol Morris, aim to "pull back the foil" by featuring behind-the-scenes footage of Chipotle restaurants including Chipotle's kitchens, equipment and prep routines, and featuring Chipotle employees and the farming partners that fuel the brand's real ingredients. The campaign content, created by Venables Bell and Partners, provides unfiltered and emotional testimonials from Chipotle team members about the impact Chipotle has had on their lives, as well as a glimpse into the daily preparation of Chipotle's fresh ingredients.
Stocks are off to a great start in the new year. After a rough end to 2018, the Dow Jones is up 7% through the first six weeks of 2019, while the S&P 500 is up 8% and the Nasdaq is up 10%. Broadly speaking, then, most stocks are up in the new year.But, as is always the case, some stocks are up a lot more than others. Indeed, given the macro financial market positioning of late 2018 and early 2019 (namely, everyone went from concerned about a coming recession to realizing the economy is doing just fine), there have been a handful of breakout stocks in early 2019 that are up a whole bunch in a very short time frame.We are talking 30%, 40%, 50% and up rallies in just six weeks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWill the rally in these early 2019 breakout stocks persist for the rest of the year? As always, it depends on the underlying fundamentals. Some of these will keep surging for the rest of 2019. Others won't. * 10 Best Dividend Stocks to Buy for the Next 10 Months With that in mind, let's take a look at seven of the best breakout stocks early this year, why they've broken out and where they are going next.Source: Shutterstock Canopy Growth (CGC)YTD Gain: 69%Why It Has Run Up: Pot stocks have had a red-hot start to 2019, mostly due to promising moves on the global legalization front (as the Farm Bill's passage in the U.S. cleared the way for legal hemp production), big-money interest and bullish mainstream analyst coverage. Canopy Growth (NYSE:CGC) has been at the front of all this. In 2018, the company secured a $4 billion investment from Constellation Brands (NYSE:STZ). Then, following the passage of the Farm Bill, Canopy announced intentions to sell hemp-based products in the state of New York. Also, analysts have shined a largely favorable light on CGC stock thus far in 2019.Where It's Going Next: CGC stock is only going higher. To be sure, the stock needs a breather after such a torrid run in just six weeks. But after the stock consolidates for a while in the $40 range, it will resume its upward march as favorable catalysts remain in play (continued progress on the global legalization front, more big-money investments and continued positive analyst coverage). In the big picture, this is a potential $100 billion company in the making, so as long as the trends remain favorable, bulls will remain in control.Source: Bixentro via Flickr Match (MTCH)YTD Gain: 32%Why It Has Run Up: Online dating giant Match (NASDAQ:MTCH) is off to a red-hot start in 2019 thanks to continued robust growth in the company's core dating platform, Tinder. There was fear in late 2018 that the best of the Tinder growth narrative was in the rearview mirror, and that MTCH stock was set to fall on slowing growth in that segment. But strong quarterly numbers in early 2019 confirm that, while Tinder is slowing, it's not slowing by much. As such, MTCH stock has bounced back in a big way from a late 2018 selloff.Where It's Going Next: Unfortunately, it looks the rally in MTCH stock may be nearing a near-to-medium-term top. Tinder is cooling off. It's going from 400,000 and up net adds per quarter over the past several quarters, to sub-300,000 over the next several quarters. Revenue growth and margin expansion are also expected to slow. Yet, at current levels, the valuation on MTCH stock isn't far off all-time highs, which was unsustainable at 400,000 Tinder net adds per quarter. * 7 Reasons You Want Boeing Stock in Your Portfolio That's a problem. Eventually, slowing growth will converge on the now-big valuation, and cause MTCH stock to trade sideways.Source: Shutterstock Netflix (NFLX)YTD Gain: 30%Why It Has Run Up: Streaming giant Netflix (NASDAQ:NFLX) is up 30% year-to-date in 2019 because, as it turns out, the Netflix growth narrative isn't slowing down at all. Following a subscriber miss in mid-2018, worries started to build that the Netflix growth narrative was slowing. Those worries grew as investors became concerned about a slowing global economy in late 2018. But, Netflix reported robust quarterly numbers in early 2019 which underscore that -- regardless of all the noise -- Netflix continues to add millions of new subs every quarter, is able to get those subs to pay more and is concurrently growing margins. In other words, this narrative remains as good as ever, so Netflix stock is bouncing back to all-time highs.Where It's Going Next: Netflix is a long-term winner. Valuation is a slight concern here and now. But, minor valuation concerns won't cause much damage. By the end of 2019, Netflix stock will rally up to $400 as the company leverages international expansion and original content to continue to add millions of new subs each quarter. It will do so even in a slowing economy, since Netflix is a cheap service whose value prop arguably goes up when times are tough for consumers. That could make it a star among breakout stocks.Source: Shutterstock Mattel (MAT)YTD Gain: 52%Why It Has Run Up: Left-for-dead toy maker Mattel (NASDAQ:MAT) is up huge in early 2019 because the company isn't dying after all. The company turned in a surprise profit in the holiday quarter amid what was arguably Mattel's most impressive quarter in several years. All the trends here are moving in the right direction, with revenue growth becoming less negative, margins improving and losses narrowing. Because all those trends are moving in the right direction, there is now visibility for this company to restore profitability and top-line growth. As that visibility has improved, MAT stock has skyrocketed.Where It's Going Next: This big, early 2019 rally in MAT stock appears to be near a top. All the trends here are improving, but they aren't improving by much. Revenue growth is still negative. Margins are still well off their highs. The company still isn't profitable on a consistent basis. * 10 Monster Growth Stocks to Buy for 2019 and Beyond The balance sheet is still loaded with debt. Plus, the toy industry still faces secular headwinds in the form of digital engagement and gaming now spilling into younger audiences. Overall, MAT stock seems to have gotten ahead of itself in early 2019.Source: Shutterstock Chipotle (CMG)YTD Gain: 35%Why It Has Run Up: Fast-casual eatery Chipotle (NASDAQ:CMG) is up huge in the early part of 2019 as the company's operational turnaround appears to be on track. Thanks to menu innovations and expanded delivery capability, Chipotle reported really strong comparable sales growth in the holiday quarter, led by the first uptick in traffic growth in several quarters. Margins also improved, and profits soared. This gave bulls plenty of ammunition to push the stock higher, and that's exactly what they did.Where It's Going Next: As it closes in on $600, CMG stock appears woefully overvalued. The stock now trades at nearly 50 forward earnings. Even if you assume that EPS gets to $20 in three years (which is above the consensus estimate), this stock is still trading at 30 times earnings that are three years out. That's too high. McDonald's (NYSE:MCD) and other fast casual restaurant stocks trade around 20-times earnings that are twelve months out. Plus, the big comp in Q4 was on an easy lap. The lap gets incrementally and substantially harder every quarter this year, so comp growth should cool as 2019 rolls on, and that could cause CMG stock to fall.Source: Shutterstock Skechers (SKX)YTD Gain: 39%Why It Has Run Up: Athletic apparel company Skechers (NYSE:SKX) is up big to start 2019 thanks to strong holiday numbers which underscore that this company can grow revenues and profits side-by-side. For a long time, investors questioned whether or not this could happen, as robust revenue growth seemed to be fueled by big spend, which cut into margins and diluted profit growth. But, over the past three months, Skechers grew revenues, margins and profits all at an equally robust rate. That has given hope to investors, who have put a big bid under the lowly valued SKX stock.Where It's Going Next: SKX stock should remain on a winning trajectory in 2019. As mentioned earlier, the big thing is that revenues and profits are now growing side-by-side. Management sounded a confident tone on the conference call that this could/would be the new norm going forward. * The 9 Best Stocks to Invest In During a Manic Market If so, and if revenues and profits both grow at a healthy rate in 2019, SKX stock will continue to run higher, given that it's trading at a super-low valuation (just 16X forward earnings).Source: Shutterstock Pier 1 (PIR)YTD Gain: 168%Why It Has Run Up: Home goods retailer Pier 1 (NYSE:PIR) used to be a heavyweight in the furniture retail segment. But, over the past several years, sales have dropped and margins have been killed, leading to PIR stock going from over $20 in 2013, to 30 cents by the end of 2018. Investors have breathed new life into PIR stock in 2019, as the stock has more than doubled in just six weeks. There hasn't been much news on the catalyst front, so this is clearly just investors saying this sell-off is way overdone.Where It's Going Next: The numbers at Pier 1 have been disappointing for a long, long time, and they just refuse to get better. But this is a $70 million company with over $1.5 billion in trailing-12-month sales. Cash burn is a problem, and there's not much cash left on the balance sheet, hence the big worries surrounding the longevity of this company. But if profitability turns a corner, this stock could fly. As such, risk-reward looks good here. Still, risk is high, so it's not for the faint of heart.As of this writing, Luke Lango was long CGC, NFLX, and SKX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post 7 Breakout Stocks In Early 2019 appeared first on InvestorPlace.
Chipotle shares are up 13.5% in Thursday trading after the Mexican chain blew past expectations and discussed plans for a continued turnaround.