Daily Archives: June 6, 2026

21Jul2:34 pmEST

Each Scoop Gets Smaller for Chipotle

Trading at a forward PE of almost 37, Chipotle is far from cheap even after a prolonged period of underperformance by its shares on an absolute basis and, of course, on a relative basis to the epic melt-up in tech/AI names. CMG is not alone, however, as the prominent consumer names like LULU NKE SBUX, even COST of late, have been...

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