Do any of you guys know why Chipotle’s stock price is so high? I get the bowls and guac are good, but my gosh.
I skimmed through the financials and there’s nothing too crazy, I mean there’s solid growth and revenue numbers coming in. However, not pulling in as much as the golden arches when it comes to fast food chains, and definitely not competing as far a restaurants chain numbers. There’s no dividends. Sure it’s one of the better Mexican-esque food establishment like taco bello, taco cabana, even nasty ass freebirds.
Anyways, currently investing like an old man at the age of 24. I should go back to r/dividends, but just wanted to look into something I enjoy at heart, Chipotle.
Currently holding JPM, VOO, SCHD, UNH, MAR, COST, JEPI
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