CEO Exit: Is Chipotle Still a Buy? Hosted by MarketBeat StaffAugust 15, 2024 ShareLink copied to clipboard. Play video for CEO Exit: Is Chipotle Still a Buy?DetailsGuestsIn this MarketBeat video, we discuss Chipotle's recent 20% stock decline and whether the CEO's departure impacts the company's strong fundamentals. While the news has shaken investor confidence, Chipotle's solid earnings data and future outlook suggest it could still be a great buying opportunity. With the COO stepping in as interim CEO, the company’s ability to maintain its success without Brian Niccol at the helm is under scrutiny. We’ll explore if this is a chance to buy Chipotle stock at a bargain price or if caution is needed as the market digests this unexpected news.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioCMGChipotle Mexican Grill4.4423 of 5 stars$63.27-1.6%N/A60.07SBUXStarbucks4.7715 of 5 stars$91.02-1.2%2.68%27.82 Compare These Stocks Add These Stocks to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. 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Hosted by MarketBeat StaffAugust 15, 2024 ShareLink copied to clipboard. Play video for CEO Exit: Is Chipotle Still a Buy?DetailsGuestsIn this MarketBeat video, we discuss Chipotle's recent 20% stock decline and whether the CEO's departure impacts the company's strong fundamentals. While the news has shaken investor confidence, Chipotle's solid earnings data and future outlook suggest it could still be a great buying opportunity. With the COO stepping in as interim CEO, the company’s ability to maintain its success without Brian Niccol at the helm is under scrutiny. We’ll explore if this is a chance to buy Chipotle stock at a bargain price or if caution is needed as the market digests this unexpected news.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioCMGChipotle Mexican Grill4.4423 of 5 stars$63.27-1.6%N/A60.07SBUXStarbucks4.7715 of 5 stars$91.02-1.2%2.68%27.82 Compare These Stocks Add These Stocks to My Watchlist Bridget Bennett, HostAssociate Editor, MarketBeatAlways the talker, Bridget Bennett turned her passion for people and sharing stories into a career in communications. She started working as a journalist in high school at her local county paper in Ellendale, North Dakota. After moving to Dallas for college at Southern Methodist University, she quickly fell in love with visual storytelling and started her career as a news anchor and reporter.Bridget brings her 12 years of experience in broadcast writing and video production to the MarketBeat content team. She's also an energetic, creative thinker and lifelong learner, so she's always bringing new ideas. Bridget is thrilled to be part of an innovative team that is constantly looking to create useful content people can connect with.When she's not working, Bridget is a busy mom of three and can be found at just about every activity or outing in town. She is also an adoption and foster care advocate and helps support foster children and families through her nonprofit volunteer work. She and her husband, Jason, grew up together and have spent their lives exploring the world through travel, hiking and ministry.Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored7 Retail Stocks to Buy for a Back-to-School SurgeAdvice like “skate where the puck is going" may sound like billboard investing, but there's a lot of tru...MarketBeatWARNING: “Buffett Indicator” flashing for first time in 50 yearsWarren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indi...Behind the Markets | Sponsored7 High-Yield Dividend Stocks Outperforming 10-Year TreasuriesIn March 2023, the yield on the 2-Year Treasury Note reached 5%. Many can remember the gut-wrenching move in m...MarketBeatYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average A...MyBankTracker | Sponsored7 Oversold Stocks That Could Be Setting Up for a RallyIn 2024, investors are still wrestling with uncertainty. Will there be rate cuts, and what will they mean for ...MarketBeat