Stay the Course With This Fast Casual Stock
"I can't remember the last bad quarter!"
The stock hasn't traded particularly well, but Guy says the stock still has 32% or so EPS growth.
Guy thinks the stock is very fairly valued, and that you should stay with the name.
The stock hasn't traded particularly well, but Guy says the stock still has 32% or so EPS growth.
Guy thinks the stock is very fairly valued, and that you should stay with the name.
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NewsTranscript
00:00 You know it seems like every quarter is a burrito blowout. I mean I can't remember the last bad quarter. Now the stock hasn't traded particularly well. I think this time last year was a 1900 stock traded down obviously below fourteen hundred bouncing here. Why.
00:15 Well comps were a slight miss but the margins are hanging in there so they're able to pass along. That's a really good sign to me. And you look and you say wait a second the stock's trading at you know 30 times next year's numbers ish. Well talk about a company that still has almost 32 percent or so EPS growth. So said for a while I think the stock is very fairly valued. Hasn't traded that way. It seemingly reports bounces sells off. I think you stay with the name here. You don't have to run out and buy it tomorrow.
00:43 but I think you want to stay the course with CMG.