Is Chipotle Too Expensive for 2022?
Chipotle Mexican Grill (NYSE: CMG) has been an investor favorite since the onset of the pandemic. Management did an excellent job adjusting quickly to restaurant restrictions and developing a robust digital ordering business.
Online sales for delivery and pickup fueled growth for the fast-casual restaurant. However, enthusiasm from investors has sent the stock to elevated levels. Let's look closer and determine if Chipotle is too expensive for 2022.
Image source: Getty Images.
Source Fool.com
