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With both the Nasdaq Composite (^IXIC 2.61%) and the S&P 500 index (^GSPC 2.13%) having fallen into correction territory, there is clearly a lot of fear on Wall Street.
It's been a tough start to the year for restaurant chains. People are scaling back on spending due to uncertain economic conditions, and restaurants aren't able to simply rely on price hikes to boost their top lines anymore.
Stock splits have an interesting narrative. During bull markets, investors can't get enough of stock-split stocks as prices rise in anticipation for upcoming splits.
Chipotle Mexican Grill (NYSE:CMG) stands as a financial powerhouse in the fast-casual dining sector, with a cash position robust enough to warrant a dividend payout this year.
focus on stocks with the strongest fundamentals, like earnings, low debt and healthy dividends.
Chipotle (CMG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The latest trading day saw Chipotle Mexican Grill (CMG) settling at $49.98, representing a +0.3% change from its previous close.
Chipotle Mexican Grill CEO Scott Boatwright talks about how tariffs are impacting the restaurant chain, he says they are now buying avocados from more countries and they're not raising prices during these uncertain times. Boatwright says a new Hot Honey Chicken is starting to appear in stores and they still plan on building more than 300 restaurants this year.
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
Chipotle Mexican Grill, Inc. NYSE: CMG has been one of the best-performing restaurant stocks over the past decade, but the past year has been more volatile. After hitting an all-time high last summer, the stock failed to push higher and is now down 20% from its December peak.