#6 - Chipotle Mexican Grill (NYSE:CMG)
In 2015, Chipotle Mexican Grill Inc. (NYSE: CMG) was a defensive stock of a different variety. That is, the company was playing defense to withstand the negative impact on revenue and earnings that came from an E. coli outbreak. But the company not only survived the crisis, it’s thriving to the point where the company issued a 50-for-1 stock split in 2024.
Chipotle has become the market share leader in the growing fast casual space. The company’s loyal customer base has come to appreciate Chipotle’s business model which includes fresh ingredients made every day. The company is also a digital play as the company is successfully making use of its Chipotlane mobile order pickup windows.
Chipotle is the only stock on this list that doesn’t pay a dividend. With impressive growth over the past 10 years, it hasn’t needed one. However, with a stock split in the books and the company’s free cash flow growing at an impressive rate, that may be something that Chipotle offers in the future.
About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.
Read More - Current Price
- $57.05
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 18 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $66.77 (17.0% Upside)
