• 11 months ago
"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.
Transcript
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.

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