Chipotle Mexican Grill: Five Reasons It’s Time to Buy
July 09, 2015 at 14:16 PM EDT
Oppenheimer’s Brian Bittner and Michael Tamas offer five reasons they “think now is the time to get long” Chipotle Mexican Grill (CMG): 1) tough 3Q lap is transitory with fear “priced-in”; 2) comps poised to re-accelerate into ’16 with new drivers and low bar; 3) valuation is now at a 22% discount to 3-year average; [...]
