Where Will Chipotle Be in 5 Years?
Chipotle (NYSE: CMG) has delivered significant long-term growth for its investors since the company's IPO in 2006. Since that time, the restaurant chain has provided a return of almost 40-fold from the original $22 per share IPO price. This has helped to make it one of the more successful consumer discretionary stocks in recent years.
While the company remains solid, both the stock and the company face significant threats. These perils go beyond COVID-19 or even the health scandals of a few years ago. Though Chipotle will more than likely become a larger company five years from now, it remains uncertain whether that growth will accrue to Chipotle stock.
Image source: Chipotle.
Source Fool.com
