Рет қаралды 3,504
Today we are taking a look at Chipotle #Stock #CMG after they reported Q1 2024 results. Shares have surged nearly 50% YTD, driven by strong performance in revenues, earnings, and margins. However, with a valuation of 60x forward PE, expectations are extremely high. We also discuss the upcoming historic 50-for-1 stock split and its impact on the stock's rally. Can Chipotle maintain these levels? We cover the fundamentals, valuation, technicals, and more in this comprehensive review. Let me know if you think CMG is a buy at $3,400?
0:00 Intro
1:30 CMG 50:1 Stock Split
5:50 Chipotle Business Model
6:47 Q1 Results & Outlook
9:20 Valuation
12:09 Price Hikes
13:51 Financials
19:20 Technicals
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