Worried About Inflation? Consider Chipotle Stock
Perhaps no other topic has been on every investor's mind more in the last year than inflation. Based on the widely followed Consumer Price Index (CPI), inflation is at levels we haven't seen in decades. And this has forced the Federal Reserve to aggressively hike interest rates to stabilize prices.
Consequently, the investing community is looking at ways to bolster their portfolios in this type of situation. For those who are worried about the threat of rising prices across the economy, it might be a good idea to take a closer look at Chipotle Mexican Grill (NYSE: CMG). Here's why.
Warren Buffett, who many consider to be the greatest investor ever, believes that the true mark of a company's quality is its ability to raise prices without any major adverse impact on customer demand. "If you've got the power to raise prices without losing business to a competitor, you've got a very good business," he said.
Source Fool.com
