Could Chipotle Be a Millionaire-Maker Stock?
Chipotle Mexican Grill (NYSE: CMG) has made investors rich over the years by pioneering the fast-casual restaurant concept using one of the world's most popular cuisines. The stock has more than tripled over the past five years, trouncing the S&P 500 during the same time.
While the past can definitely be used as a guide, investors rightfully only care about what the future holds. Chipotle's current positioning provides clues as to whether or not it can be a millionaire-maker stock. Let's take a bite.
Last year was extremely difficult for most restaurants, as state and local governments prohibited indoor dining service for some time to curb the spread of the coronavirus. Chipotle's second-quarter results reflected this -- and showed a way forward.
Source Fool.com
