Can someone tell me about this company? I posted a chart below,
but I never heard of this company. Upgraded by Deutsche Bank
yesterday, on conviction buy list of GS today.
It's a restaurant chain, trading at P/E 50!!! and gets
upgraded?
It is Chipotle Mexican Grill. They are a fairly popular fast
food type of rest. serving mostly burritos and tacos. IIRC they
were originally started by McD and later spun off.
CMG
Posted by zwyss on 4th of Jan 2012 at 09:05 am
Can someone tell me about this company? I posted a chart below, but I never heard of this company. Upgraded by Deutsche Bank yesterday, on conviction buy list of GS today.
It's a restaurant chain, trading at P/E 50!!! and gets upgraded?
Must be the McD of the years to come....
CMG
Posted by duffer on 4th of Jan 2012 at 09:09 am
CMG , is Chipolte Mexican Grille . It is a spinoff of MCD a few years back.
I'm european....
Posted by zwyss on 4th of Jan 2012 at 09:12 am
.... and only know Taco Bell for Mex food....
P/E 50 seems high to me.... maybe banks try to push a few bucks to get rid off this piece?
Camh
Posted by freddy123321 on 4th of Jan 2012 at 01:31 pm
Glorified, taco bell
It is Chipotle Mexican Grill.
Posted by duesy on 4th of Jan 2012 at 09:09 am
It is Chipotle Mexican Grill. They are a fairly popular fast food type of rest. serving mostly burritos and tacos. IIRC they were originally started by McD and later spun off.
actually, originally started by Steve
Posted by mark11 on 4th of Jan 2012 at 09:16 am
actually, originally started by Steve Ells right here in Denver in 1993 in an old Dolly Madison shop and then bought by MCD and then spun off
hmm, where did I leave
Posted by bkout3 on 4th of Jan 2012 at 09:27 am
hmm, where did I leave the keys to my time machine?