Chipotle Mexican Grill (CMG)

Took a tax loss on this one of just over 10%. The outlook was directionally right, but entry was too early. Analysts still expect ~15% upside from here.

They reported a modestly better quarter after struggling since they changed CEOs two years ago. Reported a slight earnings beat, better than expected sales growth and raised their full-year same-store sales outlook. Share are rising after being cut in half in recent months. Are buying back stock.

It reports on July 29. You can buy a quarter position now. There's a chance it could have this lettuce issue [currently, is a lettuce recall in the US due to poisonous lettuce].

More of a value play. Long track record of successfully making adjustments. Well run, lots of brand loyalty. Not the perfect environment for this type of business, but that's being reflected in the stock price (down 25-30%). 

Earnings yesterday were not amazing. Same-store sales declined, yet the stock didn't really get punished. A positive, as that tells him the turnaround story is being believed. It'll take some time, but there is upside if it can execute on the turnaround. Opening new stores is a capital expenditure, but management has proven that those moves can increase ROI. No dividend.

It can probably fall lower than 23-24x earnings. Too expensive now and not executing well.

Is - 33% in Q3, and one of the worst S&P stocks in Q3. It has a history of coming back, though, so a reversal is possible.

Until the rising price of beef breaks, keep this on your radar and don't buy yet.

The last reported a disappointing quarter and lowered their same-store, full-year sales forecast. Is down 29% this year. Is an opportunity now.

Their food items are too expensive, with some like the steak burrito nearly doubling since 2019. Problem is, macro factors won't lower their prices anytime soon. And Wall Street doesn't like companies that reduce their prices.

Positioning appeals to a broad demographic, especially younger consumers who are more focused on quality and sustainability. Same-store sales expected to grow 6-7% this year. Brand still has pricing power. Store expansion is aggressive (300 stores this year) but disciplined. Efficiency is key to the story. 

Not cheap, but justified. Track record of execution, clean balance sheet. Reports today after the bell, and she expects a beat. No dividend.

Is up 12.5% in 3 months. It's nonsense that their meals are too expensive. Problem is they haven't delivered two good quarters. If it does, it will break out again.

It's quality on sale, though has disappointed this year. Expects unit growth and margin to expand. 

Stock's down due to headwinds from macro economic concerns. Very well run, operations are spotless. Still runway for growth. Great chance to buy a quality company that's been hit.

He sold it. Momentum faded from a revenue slowdown. He owned it for a long time.

They reported a quarter that people didn't like, but shares still rose. This means that this company has limited tariff problems. This stock will never be cheap, but it's rarely been down this long.