CMG - 3 Reasons Why Warren Buffett Should Buy Chipotle Stock Hand Over Fist and 1 Reason Why He Might Regret It
2024-06-30 08:45:00 ET
Through Berkshire Hathaway , Warren Buffett owns dozens of stocks across various industries. But there's one thriving business in a sector he's familiar with that the conglomerate doesn't have a stake in.
That company is Chipotle Mexican Grill (NYSE: CMG) . Its shares have skyrocketed 348% in the past five years (as of June 26), easily beating the broader S&P 500 . Credit goes to the business's strong fundamental performance.
Here are three reasons why the Oracle of Omaha should buy this top restaurant stock, and one obvious reason why he'd regret that decision.
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3 Reasons Why Warren Buffett Should Buy Chipotle Stock Hand Over Fist, and 1 Reason Why He Might Regret It