A stock that I am growing increasingly bullish on, which is the reason I have been adding to my position significantly in recent months, is Chipotle Mexican Grill (CMG). Chipotle is known for its burritos and unique approach to fast causal dining. The company basically reinvented the segment as has been a leader in it ever since.
However, Chipotle is now branching out into other food-themes. The much talked about ShopHouse concept is the company's take on Southeast Asian cuisine and the only-recently announced Pizzeria Locale is the company's take on custom pizza. Chipotle's brands are now reminiscent of those at Yum! Brands (YUM), the company behind restaurant chains like Taco Bell and Pizza Hut. The diversity reduces risk and enhances growth potential for Chipotle going forward. As such, it is one of my largest positions and I expect it to outperform significantly in 2014 and beyond!
Click here to read and enjoy my latest article on Chipotle! Merry Christmas and happy holidays to all,
Phil
No comments:
Post a Comment