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Is It Too Late to Buy Chipotle Stock?

TheMotleyFool

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Is It Too Late to Buy Chipotle Stock?Photo, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png

The restaurant industry is notoriously competitive and highly fragmented.

However, Chipotle Mexican Grill (NYSE: CMG) has been the exception that proves the rule. The fast-casual burrito chain has returned a phenomenal 3,600% since its 2006 initial public offering (IPO) as the chart below shows, which includes several years when the stock was struggling with fallout from the E. coli crisis.