Why is CMG a good stock to buy?

CMG’s stock growth can be attributed to Chipotle’s strong financial performance and the recent 50-for-1 stock split announcement. CMG’s positive performance can be attributed to restaurant-level operating margin expansion, menu innovation, price increases, and good execution of the company’s digital strategies.

Is CMG stock down 2% after a 50-for-1 stock split?

Indeed, shares of CMG stock are down more than 2% at the time of this writing after the company announced a 50-for-1 stock split. This stock split will still need to be ratified by shareholders during the company’s shareholder meeting scheduled for June 6. But by all accounts, this should be good news for the company.

Why did CMG stock grow 12% YTD?

CMG stock has increased from around $2287 to $3173 YTD, largely outperforming the broader indices, with the S&P growing about 12% over the same period. CMG’s stock growth can be attributed to Chipotle’s strong financial performance and the recent 50-for-1 stock split announcement.