- TipRanks
At 67x Earnings, Chipotle Stock (NYSE:CMG) Is a Market Anomaly
Chipotle Mexican Grill (NYSE:CMG) owns and operates over 3,400 Mexican restaurants across five different countries. Investors have bid up its shares to 67x earnings, touting the company’s growth, drive-throughs, recession-resistant demand, and balance sheet. However, at current interest rates, Chipotle’s valuation is a market anomaly. The yield on government bonds far exceeds Chipotle’s earnings yield, even into the distant future. Therefore, I’m bearish on Chipotle stock. CMG stock has gained 3
- KABC – Los Angeles
Person dies after being pinned between SUV and building in South LA
A person was killed when an SUV crashed into a building in South Los Angeles, pinning the victim between the vehicle and the wall, authorities say.
- NBC Sports Philadelphia
Alec Bohm's day off not a response to 2-error game
Alec Bohm is fine, and his day off Tuesday was not a response to his two-error game Monday, Rob Thomson said.
