Chipotle Stock May Look Better, but It's Still Fragile
The greatest weakness we have as investors is thinking we have a reasonable window into the future. Most investors putting their money into Chipotle (NYSE: CMG) stock right now are doing so because they believe they have that crystal ball.
It's comforting to tell ourselves that the future is relatively predictable and safe. But in the investing world, such assumptions can lead to terrible investing results. Instead of trying to "forecast" what will happen next, or "model" what the next five years could look like, the only thing I spend my time measuring these days is a company's fragility.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
With 57 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
As a result the target price of 3082 € shows a slightly positive potential of 4.16% compared to the current price of 2959.0 € for Chipotle Mexican Grill Inc..