stockchase picture

Compiling comments that experts make about stocks while on public TV.

There are 0 registered members and 183 guests viewing this site

2012-12-19

Opinion for Chipotle Mexican Grill (CMG-N)

Signal Price Bias Subject Owned
TOP PICK $288.890 CAUTIOUSLY OPTIMISTIC NORTH AMERICAN & ETFs Yes

High-quality organic food. Every once in a while there is a name that is very, very popular. This is the stock that has the most amount of excitement but also the most amount of volatility. Huge swings. But he feels it is time for some serious business and this is an area he feels investors should take a look at. Have something like 40% margins and 1000 stores. Looking for another $50 from here.

Mike S. Newton, CIM FCSI
Portfolio Manager, Director, Wealth Management, ScotiaMcleod, The Newton Group http://www.newtongroupwealth.com/

Post Comment

1 Comment

petersirie

December 19th 2012 at 8:08pm

chipotle is not even close to organic food sir.

You must be logged in to comment.