Chipotle Mexican Grill (NYSE:CMG): Closing price $280.94
Searching for ways in which to grow its sales while still sticking to its basic menu, Chipotle seems to be entering the catering business, as it will offer the service in Colorado next week, which will be followed by its other markets in “coming months.” The catering involves meat dishes for 20 to 200 people, coupled with sides of rice, beans, salsas and all the other toppings, enabling the diners to create their own burrito bowls or tacos.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>