CMG - Chipotle Mexican Grill, Inc.

NYSE - NYSE Delayed Price. Currency in USD
-2.88 (-0.34%)
At close: 4:02PM EDT

831.73 -0.36 (-0.04%)
After hours: 6:47PM EDT

Stock chart is not supported by your current browser
Previous Close834.97
Bid830.62 x 1000
Ask833.00 x 1000
Day's Range825.88 - 838.40
52 Week Range383.20 - 857.90
Avg. Volume458,150
Market Cap23.068B
Beta (3Y Monthly)1.13
PE Ratio (TTM)93.85
EPS (TTM)8.87
Earnings DateOct 22, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est781.69
Trade prices are not sourced from all markets
  • Is Chipotle Stock A Buy Right Now? Here's What Earnings, Charts Show
    Investor's Business Daily

    Is Chipotle Stock A Buy Right Now? Here's What Earnings, Charts Show

    Chipotle stock has rallied back near its 2015 record highs after a stunning comeback. But is it a buy right now? Here is what the fundamentals and technical analysis say about the stock.

  • Chipotle Mexican Grill (CMG) Outpaces Stock Market Gains: What You Should Know

    Chipotle Mexican Grill (CMG) Outpaces Stock Market Gains: What You Should Know

    Chipotle Mexican Grill (CMG) closed at $834.97 in the latest trading session, marking a +1.12% move from the prior day.

  • The 7 Best S&P 500 Stocks of 2019 So Far

    The 7 Best S&P 500 Stocks of 2019 So Far

    Stocks have had a good 2019. Through the first half of the year, the S&P 500 was on track for its best year in over two decades. To be sure, gains have been muted in the third quarter despite major indices flirting with all-time highs. But with the S&P 500 up 20% year-to-date, stocks are still having one of their best years this century.One bullish sign about this rally is that the leadership in the S&P 500 in 2019 is very diverse. That is, the individual stocks which are leading the market higher are not concentrated in one industry -- rather, they are a from a broad array on sectors. That's bullish because it shows that the market rally this year has breadth. You don't just have one boat or one group of boats rushing ahead of the rest. Instead, the whole sea is rising here, and when the whole sea is rising, that is often a dynamic that is tough to stop.Underneath this sea of stocks are undercurrents of megatrends making their way to the surface. Investors who get in now -- before the crowd has been convinced of the potential long-term worth of these companies -- will profit tremendously.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Momentum Stocks to Buy On the Dip With that in mind, let's take a look at the best stocks of 2019 so far, and see where these stocks could go next. Chipotle Mexican Grill (CMG)Source: Northfoto / Year-to-Date Gain: 85%Through September, the best performing stock in the S&P 500 is Chipotle Mexican Grill (NYSE:CMG). Shares of the fast casual Mexican eatery have rattled off an 85% gain this year, thanks to the company's turnaround gaining impressive momentum throughout the year.Specifically, new management has doubled down on three growth initiatives -- revamping the menu with exciting new options, expanding reach by building out the digital business and re-branding the chain with a new marketing campaign. Those three growth initiatives have all worked, and Chipotle has reported hugely positive comps all year long, which has fueled the huge gains in CMG stock.Going forward, this rally could persist. After all, nothing is wrong with the Chipotle growth narrative. The turnaround is powering full steam ahead, and for the foreseeable future, the company should comp positive and report big profit growth. In theory, those strong numbers should keep CMG stock on its winning trajectory. But I'm concerned about valuation. At 60-times forward earnings, Chipotle stock is one of the most richly valued restaurant stocks I've ever seen -- and I think upward moving fixed income yields could pressure that extended valuation in a big way.As such, while the rally in CMG stock could persist into the end of the year, I don't think it will. Instead, I think CMG stock could give back some gains over the next few months. In sharp contrast, stocks that are "bulletproof" can make investors money in any market. Hess (HES)Source: Shutterstock Year-to-Date Gain: 74%Through September, the second best S&P 500 stock is Hess (NYSE:HES). The energy company focused on crude oil and natural gas exploration and production has seen its stock rise nearly 75% in 2019 for two simple reasons.First, you have surging oil prices. WTI Crude Oil prices are up more than 25% year-to-date, thanks to improving global economic conditions firming up demand and certain one-off catalysts short-circuiting supply (such as the recent attacks in Saudi Arabia). HES stock has naturally rallied with rising oil prices. Second, Hess owns a 30% stake in a huge oilfield in Guyana that projects to be one of the most lucrative oilfields in recent memory. As this oilfield has inched close towards being operable, HES stock has moved higher.Can the rally continue? I have my doubts. The trailing price-to-sales multiple on HES stock is now at a 2019 high, while the dividend yield is at a 2019 low. Thus, the stock is richly valued by historical standards, meaning investors are pricing in higher oil prices for the foreseeable future and huge upside from the Guyana project. The latter will probably materialize. I'm unconvinced on the former, as it appears countries globally are ready to inject supply where needed to keep oil prices from rising too much. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars As such, while HES stock could continue to move higher from here, further gains will be reliant on oil prices moving higher. Lam Research (LRCX)Source: Shutterstock Year-to-Date Gain: 73%The third best S&P 500 stock through September is Lam Research (NASDAQ:LRCX).Shares of the semiconductor equipment giant have risen by more than 70% this year as investors have realized that the semiconductor downturn everyone was expecting in 2019, isn't as bad as feared. That is, LRCX dropped big in late 2018 to multi-year lows and a dirt cheap valuation as investors anticipated that a global economic slowdown would kill semi equipment demand in 2018/19.It has. But the damage has been relatively muted and a recovery already appears to be underway. As such, LRCX has benefited from both multiple expansion and upward estimates revisions in 2019 -- the sum of which is how Lam Research stock has rattled of a 73% YTD gain.LRCX should continue to move higher from here, albeit at a slower pace. That's because only one of the stock's two growth drivers will remain in play. The multiple expansion tailwind has dried up, since at 17-times forward earnings, LRCX is trading at its richest valuation in years. But the upward estimates revisions tailwind has not dried up. Global economic growth trends are improving, and as they continue to improve over the next few quarters, the semi market should continue to bounce back -- which should lead to analysts upping their forward revenue and EPS estimate for LRCX.Big picture: While the best of the LRCX rally is in the rear-view mirror, this stock still has some gas left in the tank to head higher over the next few months. Copart (CPRT)Source: Shutterstock Year-to-Date Gain: 72%The fourth best S&P 500 stock through September is Copart (NYSE:CPRT).While the U.S. auto market may be having a tough time in 2019, online car auction company Copart is not. The company has rattled off three straight strong quarters in 2019. Revenue growth has accelerated higher through each of those quarters. Margins are powering higher, too. Profit growth has been robust. In other words, Copart has been firing on all cylinders in 2019, despite a weak auto market backdrop, and that divergence has helped CPRT stock soar by more than 70% this year. * 7 Tech Stocks You Should Avoid Now This rally has more firepower left. Copart has leveraged its unique value prop in the auto industry to transform into a steady 20%-plus revenue and profit grower. For that 20%-plus revenue and profit growth, CPRT stock trades at just 30-times forward earnings. That's a fairly reasonable multiple to pay for 20% growth. So long as the U.S. economy remains healthy and continues to support 20%-plus profit growth at Copart, which it should for the foreseeable future - then CPRT stock has room to move higher.Momentum stocks, like CPRT, can be difficult to chase but the risks can be worth the rewards. And new breakthroughs are happening right under our noses -- could you imagine a $1,000 car? Western Digital (WDC)Source: Valeriya Zankovych / Year-to-Date Gain: 71%The fifth best S&P 500 stock through September is Western Digital (NASDAQ:WDC).Owing to its broad exposure to favorable growth trends in data creation, accumulation and storage, data storage giant Western Digital has been a Wall Street favorite for a long time. In 2018, Western Digital lost Wall Street's favor as growth turned sharply negative amid a broad data storage market slowdown. WDC stock shed more than 70%. But in 2019, there have been signs of improving conditions in the flash market, and the consensus belief is that a trough is close. As Western Digital has neared this inflection point, investors have gobbled up shares in anticipation of a big recovery in 2020.Will the rally continue? It hinges entirely on whether or not that big recovery in 2020 actually materializes. If it does, WDC stock could fly much higher -- the stock is still 40% off its early 2018 highs. If it doesn't, WDC stock could give back most of its 71% year-to-date gain. Fortunately for WDC bulls, I think the big recovery will materialize, given that global economic conditions are improving, trade tensions are easing, global business confidence is improving and fiscal stimulus is on its way to help juice economic activity. Meanwhile, major breakthroughs from little-known companies -- imagine having advanced medical diagnostics right in the palm of your hand -- will shape the future.Consequently, while WDC stock is unequivocally a high-risk, high-reward play here, I think the reward part has more merit than the risk part at this point in time. KLA (KLAC)Source: Shutterstock Year-to-Date Gain: 70%The sixth best S&P 500 stock through September is KLA (NASDAQ:KLAC).Much like Lam Research, KLA is a semiconductor equipment stock which has materially outperformed in 2019 because the slowdown in the semi market hasn't been as bad as feared and looks to be over pretty soon with sizable catalysts on the horizon, such as 5G. As such, the consensus belief is that KLA's growth trajectory will materially improve over the next few years, and investors are gobbling up KLAC stock ahead of that big improvement.The rally continuing here will depend on how much KLA's growth trajectory improves. At present, KLAC stock trades at 16-times forward earnings, which is a multi-year high valuation for this stock. In order to justify that above-average multiple, revenue and profit growth need to accelerate meaningfully from here. If they don't, KLAC stock could give back a bulk of its gains. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Fortunately for KLAC bulls, I think revenue and profit growth will accelerate meaningfully, as 5G and IoT tailwinds converge on improving global economic conditions in 2020 to create a robust semi-equipment spending environment. If that does happen, KLAC stock should stay in rally mode for the foreseeable future. Advanced Micro Devices (AMD)Source: Sundry Photography / Year-to-Date Gain: 68%Last on this list of best S&P 500 stocks of 2019 is Advanced Micro Devices (NASDAQ:AMD).Shares of CPU and GPU company AMD have been red hot for a while now. In 2018, this was the S&P 500's top stock. In 2019, it's the seventh best performing stock. This consistent strength comes down to one thing - market share expansion. Over the past few years, AMD - a historically small and largely irrelevant player in the CPU and GPU markets - has dramatically increased its presence in the CPU and GPU markets, and as the company has, revenues and profits have marched meaningfully higher. This big growth has powered equally big gains in AMD stock.This rally should continue into 2020. At present, AMD projects to keep winning share in the CPU and GPU markets for the next several quarters. So long as the company keeps doing this, growth rates will remain robust, and investors will salivate over the long term potential. That is a winning combination which should ultimately keep AMD stock on a winning path.Thus, when it comes to AMD stock, it's all about market share expansion. So long as this company keeps winning market share, AMD stock will stay on an uptrend.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post The 7 Best S&P 500 Stocks of 2019 So Far appeared first on InvestorPlace.

  • These Are The 5 Best Stocks To Buy And Watch Now
    Investor's Business Daily

    These Are The 5 Best Stocks To Buy And Watch Now

    Superior fundamentals and technical action, and buying at the right time, are all part of a shrewd investing formula. Check out Apple, Lululemon, Teradyne, Copart and Ally Financial.

  • Cracker Barrel (CBRL) Q4 Earnings & Revenues Top Estimates

    Cracker Barrel (CBRL) Q4 Earnings & Revenues Top Estimates

    Cracker Barrel's (CBRL) fourth-quarter fiscal 2019 results gain from higher comparable restaurant sales.

  • Company News For Sep 18, 2019

    Company News For Sep 18, 2019

    Companies in the news are: CMG, GLW, KHC, KLAC

  • Is This an Opportunity to Buy Chipotle Mexican Grill Stock?

    Is This an Opportunity to Buy Chipotle Mexican Grill Stock?

    Chipotle Mexican Grill (NYSE:CMG) is up a whopping 95% since the start of the year. That's a significant turnaround from where CMG stock was in late 2015. A spate of food poisoning issues hit the company over the course of the previous two years and by 2016, consumers lost their confidence that the company was going to be able to right itself.Source: Northfoto / To give you an idea of its fall, CMG stock was trading around $750 in August 2015. It didn't hit that level again until July of this year. But once it revisiting that mark, it has continued up to new highs, now trading above $825.So, we get back to the initial question. Given its return to glory, is the stock overbought here? I mean, it's now trading with a trailing price-to-earnings ratio of 93, so it isn't exactly cheap at these levels. My answer is an unequivocal "yes."InvestorPlace - Stock Market News, Stock Advice & Trading TipsMy Portfolio Grader has CMG stock rated an "A" here. We've already made more than 20% with it in my Growth Investor model portfolio.And there's plenty of reasons to still like the stock, or, if you haven't gotten into it yet, to get in now. What's in Store for CMG Stock?First, Chipotle Mexican Grill has certainly rebuilt its reputation. One of the biggest challenges management had during the health and safety issues came from dismissing concerns during analyst calls. It was more interested in framing problems as isolated incidents and minimizing concerns rather than accepting responsibility and putting a public plan in place to assure customers that it was doing everything it could to manage quality control. * 7 Momentum Stocks to Buy On the Dip Corporate executives tended to low ball the issues. Management looked increasingly lazy, indifferent or incompetent, or some combination of the three. That is never inspiring to customers or investors.Plus, this is a very competitive sector, and CMG has direct rivals in its space, so handing them a competitive advantage is not a good strategy.Finally, as CMG stock continued to drop and lose its premium -- and then lose its intrinsic value -- management started to wake up. It implemented a strategy to rebuild the brand with more customer-focused initiatives like online ordering, more efficient in-house ordering and a refocusing on delivering healthy products in environment-friendly packaging.Recently, Chipotle has also added more items to the menu that are focused on some of the today's more popular health and diet programs, like Whole30 or paleo. And this week it's actually adding a new protein option to its menu -- and it's not a veggie burger.It's carne asada -- sliced steak in a lime-cilantro marinade. While several meat joints are going veggie friendly, CMG is sticking with quality meat.But its return to success is still young. Yet its popularity has drawn back the attention of skeptics and brought in new customers.In a market looking for good growth stories focused on U.S. consumers, this one is tough to beat. Now Let's Talk About IncomeThe only drawback of CMG stock for many investors is that it doesn't pay a dividend. And with bonds yielding next to nothing -- less than nothing, overseas -- a lot of folks are seeking income from their stocks.That goes for big money on Wall Street, too.At Growth Investor, we deploy a strategy that helps us find stocks I often call the "Money Magnets." These stocks have earned an "A" rating from my Portfolio Grader, just like Chipotle -- meaning they have strong fundamentals, plus the stocks are enjoying great buying pressure.And the stocks earned an "A" rating from my Dividend Grader tool. In other words, they pay a dividend -- they do it consistently -- and they're growing that dividend over time.That's an irresistible combination these days for investors large and small. That's growth and income, all in one investment.It makes them practically bulletproof in today's market. To get a broader look at this strategy, go here. When you do, you'll also learn three steps you should take right now to profit and protect yourself in this tricky market.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Is This an Opportunity to Buy Chipotle Mexican Grill Stock? appeared first on InvestorPlace.


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  • Chipotle Makes A Rare Menu Addition, And Restaurant Stocks Rally
    Investor's Business Daily

    Chipotle Makes A Rare Menu Addition, And Restaurant Stocks Rally

    Chipotle Mexican Grill will start serving carne asada nationwide, a rare new edition to its menu. Shares rose in morning trade.

  • Dow Jones Holds Up Despite Home Depot Downgrade; Financial, Energy Stocks Lag
    Investor's Business Daily

    Dow Jones Holds Up Despite Home Depot Downgrade; Financial, Energy Stocks Lag

    The Dow Jones held up relatively well Tuesday despite weakness in Goldman Sachs and JPMorgan and a Home Depot downgrade. Small caps lagged.


    Chipotle Stock Is Gaining Because It’s Not Turning Into Taco Bell

    Chipotle Mexican Grill announced the nationwide rollout of its new steak offering—and the market appears to find it tasty. The fact that it made it out of Chipotle’s testing process suggests there’s a good chance it brings in more customers and gets them to spend more money.

  • Chipotle Carne Asada Is Coming! 12 Things for Marinated Steak Lovers to Know

    Chipotle Carne Asada Is Coming! 12 Things for Marinated Steak Lovers to Know

    Chipotle Carne Asada is coming soon and it brings with it something for steak lovers.Source: Northfoto / Here's what we know so far about the new ingredient option from Chipotle (NYSE:CMG). * Customers will be able to start trying the new menu item out for themselves on Sept. 19. * It is a steak cut into slices and seasoned with squeezed lime, chopped cilantro and a blend of signature spices. * The Chipotle Carne Asada is the first introduction of a new protein option since September 2018. * This new ingredient will only be around for a limited time. * It is also approved for the Whole30 program and works with customers on a Paleo diet. * Chipotle Carne Asada is being added to the menu after going through a testing phase. * This saw certain locations in Cincinnati, Ohio and Fresno, Calif. trying the meat out first. * Chipotle also held a special taste testing of the meat in New York and Los Angeles for its VIP rewards members. * Customers will also be able to have the new menu item delivered to them for free on Sundays in September. * To go along with the launch of the new menu option, Chipotle is also putting out a behind-the-scenes look at its preparation. * This comes from film director David Gelbm whose works include Jiro Dreams of Sushi, Chef's Table and Street Food. * It will be part of the Behind the Foil campaign that shows real CMG workers and highlights food preparation. * 7 Momentum Stocks to Buy On the Dip You can learn more about the Chipotle Carne Asada by following this link.InvestorPlace - Stock Market News, Stock Advice & Trading Tips More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher As of this writing, William White did not hold a position in any of the aforementioned securities.The post Chipotle Carne Asada Is Coming! 12 Things for Marinated Steak Lovers to Know appeared first on InvestorPlace.

  • Chipotle adding new menu item: carne asada
    American City Business Journals

    Chipotle adding new menu item: carne asada

    Chipotle is adding carne asada to its menus nationwide starting Thursday; its first new menu addition in about a year.

  • Chipotle adds steak dish carne asada in rare addition to menu

    Chipotle adds steak dish carne asada in rare addition to menu

    Carne asada, a dish of thin steak slices seasoned with signature spices, will be offered on the menu for a limited period of time. It was piloted in Cincinnati, Ohio, and Fresno, California, Chipotle said. "It performed incredibly well in the test markets," said Chris Brandt, chief marketing officer of Chipotle.


    Chipotle Heats Up With Addition of Carna Asada to Its Menu

    Shares of Chipotle Mexican Grill heat up after the restaurant chain adds a new steak option, Carna Asada.

  • Benzinga

    Coming Soon To A Chipotle Near You: Carne Asada

    Chipotle is sticking with a traditional marinade for its marinated carne asada steak, including fresh squeezed lime and cilantro. The last notable menu addition was in 2016 when Chipotle first launched chorizo. Chipotle reward members will be able to try the new carne asada as soon as early as Tuesday before the menu is launched to everyone on Thursday.


    Chipotle Stock Has Nearly Doubled This Year. Now It’s Doubling Down on Steak.

    Chipotle Mexican Grill stock has rocketed this year as the restaurant chain revived its brand without remaking the menu. That’s changing today.

  • MarketWatch

    Chipotle adding carne asada to the menu on September 19

    Chipotle Mexican Grill Inc. said Tuesday that it is adding a new steak item, carne asada, to the menu for a limited time starting September 19. Chipotle's carne asada is made with lime, spices and finished with cilantro. Chipotle tested carne asada in Cincinnati, Ohio, and Fresno, Calif. JPMorgan analysts said in a July note that they suspected carne asada would soon be added to the menu. It's the latest protein addition since chorizo in September 2018. Chipotle has also partnered with film director David Gelb, the man behind "Chef's Table" and the movie "Jiro Dreams of Sushi," for a behind-the-scenes look at the new item. Chipotle stock has rallied more than 85% for the year to date while the S&P 500 index has gained 19.6% for the period.

  • Chipotle adds carne asada to its menus nationwide
    Yahoo Finance

    Chipotle adds carne asada to its menus nationwide

    Chipotle launches carne asada nationwide for a limited time.

  • Chipotle Launches Carne Asada Nationwide
    PR Newswire

    Chipotle Launches Carne Asada Nationwide

    NEWPORT BEACH, Calif., Sept. 17, 2019 /PRNewswire/ -- Chipotle Mexican Grill (CMG) announced that it's introducing a brand-new steak option, Carne Asada, nationally on September 19, 2019. Chipotle Rewards members were the first to learn of the new menu item today. To showcase the importance of its Rewards members and the exclusive access the program provides, Chipotle invited its top steak lovers in New York and Los Angeles to attend early VIP tasting events.

  • 5 Growth Stocks to Sell as Rates Move Higher

    5 Growth Stocks to Sell as Rates Move Higher

    There is a feeling in financial markets right now that the U.S. and global economic environments are actually improving. Look no further than Citi's Economic Surprise Index, which measures how economic data is coming in relative to expectations. For the first time since early 2019, this index has poked into positive territory.If the U.S. and global economic environments are actually improving, then the long end of the U.S. Treasury yield curve shouldn't be so low. Right now, the long end of the curve is basically screaming "recession." The data disagrees with this assessment. Almost always, the data wins out. Thus, there are murmurs out there that the long end of the yield curve should actually move higher over the next few months.While that is great news for the economy, it's bad news for growth stocks. Low rates inflated growth stocks, because as rates went lower, so did the discount rate for which investors used to discount future profits. Growth stocks get all of their value from future profits. Thus, as the discount rate on those future profits tumbled, the present value of those future profits soared, and so did growth stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe opposite could happen, too. Rates could rise, and if and when they do, growth stocks could drop. * 7 Tech Stocks You Should Avoid Now Of course, this blanket assessment doesn't apply to all growth stocks. For many of them, this unwinding of the growth trade that was inflated by low rates will just be a blip on the radar. Once rates stop moving higher, these stocks will stop moving lower, and they will continue on their secular up-trends.But, for some growth stocks, this unwinding could be more serious. Which growth stocks could get hit hardest in this unwinding period? Let's take a look at five growth stocks to sell as rates creep higher. Growth Stocks to Sell as Rates Move Higher: Chipotle Mexican Grill (CMG)Source: Northfoto / YTD Gain: 88%One growth stock which looks like it could get hit particularly hard if/when rates move higher as the U.S. economic outlook improves is Chipotle Mexican Grill (NYSE:CMG).Shares of the fast-casual Mexican eatery are up more than 88% year-to-date, mostly because the company has successfully and impressively executed on its turnaround initiatives, including building-out the digital delivery business, expanding the menu, and re-branding the chain as a "healthy ingredients" restaurant. Comparable sales have turned into sharply positive territory. Margins are have run higher. Profits have soared. So has CMG stock.But part of this rally has unequivocally found support in low rates. How else do you explain a restaurant sock trading at over 45-times forward earnings? The average forward earnings multiple in the restaurant sector is 28, less than half of Chipotle's forward multiple.As such, if/when rates creep higher over the next few months, CMG stock could get hit particularly hard -- not because the fundamentals here aren't good, but because the valuation looks almost entirely dependent on rates remaining low. Workday (WDAY)Source: Sundry Photography / YTD Gain: 9%One growth stock which has already been hit hard in the unwinding of the growth trade in anticipation of higher rates is Workday (NASDAQ:WDAY).Workday is a market-leading provider of cloud-hosted enterprise resource planning solutions. The cloud growth narrative has been on fire this year. So has Workday's growth narrative. In 2019, Workday's revenues, profits, and stock have all marched higher. But, as I've pointed out before, WDAY stock has marched into aggressively overvalued territory, and investors are finally starting to notice as the company's numbers have shown signs of weakness.Over the past two months, WDAY stock has shed more than 20%, mostly thanks to slowing growth trends in the company's most recent earnings report. During those two months, the 10-Year Treasury yield actually dropped from over 2% to about 1.6%. Thus, even with the long end of the curve dropping, WDAY stock has still dropped big over the past two months because the growth narrative here is losing momentum. * 10 Battered Tech Stocks to Buy Now If the long end of the yield curve reverses course here and starts to move higher, that will add more pressure to what is an already pressured WDAY stock. That added pressure should result in material weakness in Workday stock for the foreseeable future. Match Group (MTCH)Source: Shutterstock YTD Gain: 80%Another growth stock that seems aggressively overvalued and which could get hit hard in the event that rates do move higher is Match (NASDAQ:MTCH).MTCH stock is up 80% year-to-date -- and up 400% over the past three years -- as the company has emerged as the unchallenged leader in the secular growth online dating space. Specifically, two things have happened here. One, Match has acquired all of its competition (ex: Bumble) and now holds a portfolio of apps which cumulatively dominate the entire online dating landscape. Think Facebook (NASDAQ:FB) of online dating. Two, online dating has turned into a super valuable industry, as consumers have expressed ample willingness to pay up for premium and exclusive online dating services and perks.Consequently, Match's user base, revenues, and profits have all expanded dramatically over the past few years. This big growth has fueled big gains in MTCH stock. But, this is now a stock which trades at 37-times forward earnings, on revenue and profit growth that was under 20% last quarter. That's a really big multiple for not-that-big of growth. Excluding legal fees, Facebook is growing revenues at a faster rate and profits at a comparable rate. And FB stock trades at just 19.5-times forward earnings.From this perspective, it does appear that low rates are inflating the valuation underneath MTCH stock. If/when rates do move higher from today's all time low levels, then MTCH stock could suffer from material multiple compression. Roku (ROKU)Source: Michael Vi / YTD Gain: 388%It's tough for me to put streaming device maker Roku (NASDAQ:ROKU) on any "stocks to sell" list. The long-term growth narrative is just so good. But, ROKU stock has come so far, so fast, that I do think this stock could get hit hard if/when rates creep higher.Big picture, ROKU stock is a long-term winner. The company is transforming into the cable box of the streaming TV world, and in so doing, will one day have over 100 million active accounts, from which the company will be able to extract tons of high-margin dollars through TV ad sales and subscription sharing agreements. This company is in the first few innings of a very big long term growth narrative -- and that narrative will ultimately end with ROKU stock being way higher in the long run.In the near-term, ROKU stock is ahead of itself. See the math here. It's tough to justify a price tag above $150 today for this stock, even under aggressive long-term growth assumptions. The only justification for a price tag above $150? Low rates support it. But, if that low rate support disappears, you could see a big sell-off in ROKU stock. * 7 Discount Retail Stocks to Buy for a Recession As such, while I love the growth narrative underlying ROKU stock, I'm also worried that the stock could give back gains in a hurry if/when rates move higher. Starbucks (SBUX)Source: monticello / YTD Gain: 41%Joining Chipotle as the only other non-tech growth stock on this list, coffee retail giant Starbucks (NASDAQ:SBUX) seems susceptible to a sizable pullback in the event rates move higher.The logic here is simple. Starbucks is firing on all cylinders today -- positive comps, upward moving margins, double-digit profit growth, etc. That's why SBUX stock has rallied 41% year-to-date to fresh all-time highs.Starbucks is also growing at a slower pace than it has over the past several years. Sure, profits are expected to grow at a 10%-plus pace for the foreseeable future. But since 2014, EPS growth has been largely north of 15%, and often north of 20%.During that 15%-plus profit growth stretch, SBUX stock averaged a 25-times forward earnings multiple. Today, during a slower growth era, SBUX stock is trading at 29-times forward earnings. A bigger multiple for slower growth? That doesn't make sense … unless you consider that today's valuation is inflated by low rates.That's exactly what is happening. SBUX stock is trading at a bigger-than-normal multiple today for slower-than-normal growth because low rates support a bigger multiple. That low rate support could disappear over the next few months. If it does, SBUX stock could be due for some serious pain.As of this writing, Luke Lango was long FB. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post 5 Growth Stocks to Sell as Rates Move Higher appeared first on InvestorPlace.

  • Chipotle Celebrates National Guacamole Day With Double Points For Rewards Members
    PR Newswire

    Chipotle Celebrates National Guacamole Day With Double Points For Rewards Members

    NEWPORT BEACH, Calif., Sept. 16, 2019 /PRNewswire/ -- Chipotle Mexican Grill (CMG) announced that its Rewards members will receive double points in honor of National Guacamole Day today. To showcase the importance of its 6 million Rewards members, Chipotle is issuing an exclusive offer to "double dip" so that bonus points add up more quickly, and real food becomes real free, real fast. "Engaging our community of Rewards members is another way to increase access and simply say thank you for helping us Cultivate a Better World," said Chris Brandt, Chief Marketing Officer of Chipotle.

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    Investor's Business Daily

    Shopify, Chipotle, Paycom Among 7 Big Winners That Just Triggered This Long-Term Sell Rule

    While the Dow Jones nears highs, Shopify, Chipotle, Paycom, Starbucks, McDonald's, Alteryx and Universal Display triggered a long-term sell rule last week.