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Shah Busts Europe's Biggest Myth – and Shares His Latest Crystal-Ball Call
Shah Gilani has a penchant for making bold predictions.
He also has a penchant for being right.
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September 9, 2016
The Dow Jones Industrial Average today is falling today ahead of Fed rate hike speculation.
September 7, 2016
The Chipotle stock price is rallying today on news that Bill Ackman has taken a 9.9% stake in the beleaguered burrito chain.
But we're still not buying in CMG stock even though the Chipotle stock price is rallying.
July 22, 2016
The Chipotle stock price is down a punishing 40% over the last year and shares likely have further to fall in 2016.
We're not buying today's rally.
July 1, 2016
Yesterday, a top Chipotle exec was arrested amid a huge cocaine bust in NYC.
Chipotle Mexican Grill Inc. (NYSE: CMG) will release its Q2 2016 earnings report on July 21. The company has tried promotions and other tactics to try and win back customers after food safety issues, but the CMG stock price has dropped 33.72% in the last 12 months.
June 30, 2016
The Chipotle stock price has rallied nearly 5% this week, leaving some investors asking if it's time to buy shares of the beleaguered restaurant chain.
We're not biting.
May 12, 2016
Chipotle Mexican Grill Inc. (NYSE: CMG) has hired two new food safety experts. According to Reuters, Chipotle hired former U.S. Food and Drug Administration official David Acheson. Chipotle is also working with food consultant David Theno, who worked with Jack in the Box during its E. coli outbreak. So far in 2016, CMG stock is […]
April 27, 2016
Before we get into where the Chipotle stock price is headed in 2016, here's what sent shares of the Tex-Mex fast-casual food chain tanking Wednesday.
First-quarter earnings were disappointing and a number of analysts cut their outlooks.
April 25, 2016
Investors looking for a bargain following the recent rout in Chipotle stock are asking us if the stock is a buy following Q1 earnings on Tuesday.
The Tex-Mex chain is expected to post its first-ever quarterly earnings-per-share loss.
April 7, 2016
The Chipotle stock price received renewed interest after the company announced it filed a trademark for the name "Better Burgers."
Chipotle already has two other restaurant chains operating in Asian-inspired cuisine and pizza, and limited-service burger chains saw sales of $76.9 billion in 2014.
April 1, 2016
Chipotle Mexican Grill Inc. (NYSE: CMG) reportedly filed a trademark last year for the name "Better Burger." This move isn't that surprising, as Chipotle does have an Asian food chain (ShopHouse) and a pizza business (Pizzeria Locale). But despite the potential increased revenue from a new entity, CMG stock is down 1.89% over the last […]
March 29, 2016
Last year, Chipotle Mexican Grill Inc. (NYSE: CMG) tied Qdoba Mexican Grill as America's favorite Mexican chain in Market Force's annual survey. According to FOX News, that is no longer the case. Taco Bueno was on the top of the list this year, but Chipotle surprisingly finished in second. CMG stock is down 32.82% in […]
March 16, 2016
The Chipotle stock price sank another 2% to $491.70 Wednesday, and shares of Chipotle Mexican Grill Inc. (NYSE: CMG) are now down 32.34% over the last six months.
And we've found the one number that will continue to have the biggest impact on the Chipotle stock price throughout the rest of 2016.
March 15, 2016
According to Forbes, Chipotle Mexican Grill Inc. (NYSE: CMG) is cancelling executive bonuses for 2015 because of food-borne illness outbreaks across the country. Chipotle also restricted already granted options awards. The executives will only receive the awards if they are able to repair the value of the restaurant chain.
March 11, 2016
The Chipotle Mexican Grill Inc. (NYSE: CMG) stock price rebounded today (Friday) after the company reopened a store in Billerica, Mass., that was temporarily closed after a norovirus outbreak on Tuesday.
CMG stock price fell nearly 5% on Tuesday after the news broke. On Friday, the Chipotle stock price bounced back 2% to $513.93 per share Friday in intraday trading.
March 10, 2016
A Chipotle Mexican Grill Inc. (NYSE: CMG) store in Massachusetts voluntarily closed after four employees became sick. It's suspected that they contracted the norovirus, which spreads via an infected person, contaminated food or water, or by touching contaminated surfaces. CMG was down 3.44% yesterday (Wednesday), but it's up 1.16% in pre-market activity today.
March 9, 2016
The Chipotle stock price was down 6% in early trading today (Wednesday) after the company suffered yet another setback.
And we think the Chipotle Mexican Grill Inc. (NYSE: CMG) stock price will continue to fall even farther in 2016 because of one massive bearish indicator.
March 3, 2016
An analyst at Piper Jaffray recently raised her price target on Chipotle Mexican Grill Inc. (NYSE: CMG) stock from $479 to $590.The analysts stated that while same-store sales are down, she believes in the underlying unit-level economics of the business. CMG closed yesterday (Wednesday) at $525.69.
February 26, 2016
An analyst from financial market technology firm ITG believes that traffic for Chipotle Mexican Grill Inc. (NYSE: CMG) increased for the month of February. Still, that doesn't mean that traffic levels are anywhere close to being what they were before the E. coli scares. CMG stock is still down 25.06% in the last 12 months.
February 17, 2016
The Chipotle Mexican Grill Inc. (NYSE: CMG) stock price climbed 2.52% yesterday (Tuesday), nearing $500 per share. The last time CMG opened at $500 or more was on Dec. 22. Investors are slowly starting to trust the restaurant and seem to believe the E. coli outbreaks are over. CMG is up 2.67% so far in […]
February 3, 2016
The Chipotle stock price is down today after the company reported disappointing Q4 2015 earnings.
But that wasn't surprising, considering how many sales Chipotle must have lost because of its E. coli outbreak.
Chipotle Mexican Grill Inc. (NYSE: CMG) released its latest earnings report yesterday (Tuesday), and the company stated that same-store sales for locations that have been open for at least one year fell 14.6%. The company reported earnings per share (EPS) of $2.17 on revenue of $999.7 million. During the same quarter last year, Chipotle reported […]
January 27, 2016
Three former female general managers of Chipotle Mexican Grill Inc. (NYSE: CMG) are suing the company because of sexual discrimination. In the lawsuit against Chipotle, the three female plaintiffs say that a male manager who treated males better than females wrongfully terminated them. The CMG stock price is still trying to rebound after an E. […]
January 19, 2016
Chipotle Mexican Grill Inc. (NYSE: CMG) plans to double the amount of free food select restaurants can give to customers, according to FOX News. Co-CEO Monty Moran told investors that managers at select locations are allowed to more than double the amount of food that they were normally able to giveaway. CMG stock is down […]
January 15, 2016
Chipotle Mexican Grill Inc. (NYSE: CMG) will close all of its stores in February for a few hours to host a company-wide meeting, according to FOX News. The meeting will focus on food safety and some of the changes being made to enhance food safety.