Chipotle's Stock Is at All-Time Highs: Is It Too Late to Invest?

One of the top growth stocks in the restaurant business is undoubtedly Chipotle Mexican Grill (NYSE: CMG). It's often associated with high growth and success, with its strong numbers serving as benchmarks for other businesses.

Investors are frequently willing to pay significant premiums for a business like Chipotle, and that's evident in its valuation. Currently, the stock trades at an all-time high, up around 40% this year.

But has the valuation finally become too rich, and is now the time to pull away from the stock, or can it still be a good buy?

Continue reading


Source Fool.com