Chipotle Stock Is Down 42% From 52-Week High: Time to Buy?

Chipotle Stock Is Down 42% From 52-Week High: Time to Buy?

Key PointsChipotle’s stock decline reflects weakening consumer demand and a breakdown in pricing power.Long-term potential remains, but near-term recovery is likely to be slow and uncertain.10 stocks we like better than Chipotle Mexican Grill › Chipotle Mexican Grill (NYSE: CMG) was supposed to be somewhat of a comeback story over the last year. Instead, it became one of the most dramatic reversals in the fast-casual space. The stock hit a 52-we…