Bullish Case: Consistent revenue growth and strong earnings predictions, coupled with bullish analyst ratings and upcoming stock split, present expansion potential for CMG.


Bearish Case: Insider selling, high price-to-book ratio, and potential overvaluation indicate a correction may loom despite recent strong performance.


Potential Outcomes:

1) Stock split entices new buyers, driving up price (40%).

2) Insider sales and overvaluation trigger sell-off (30%).

3) Volatility spikes near term structures, creating entry points (30%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 02, 2024


Chipotle Mexican Grill Forecast

CMG        Chipotle Mexican Grill
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CMG



WM Forecast + Options Trading Strategies   WM  Waste Management (0.96)


LAMR Forecast + Options Trading Strategies   LAMR  Lamar Advertising (0.95)


WING Forecast + Options Trading Strategies   WING  Wingstop (0.94)


TXRH Forecast + Options Trading Strategies   TXRH  Texas Roadhouse (0.94)


BYRN Forecast + Options Trading Strategies   BYRN  Byrna (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to CMG



MAN Forecast + Options Trading Strategies   MAN  ManpowerGroup (0.0)


ONEW Forecast + Options Trading Strategies   ONEW  Onewater Marine (0.0)


DRIV Forecast + Options Trading Strategies   DRIV  Global X Autonomous & Electric Vehicles (-0.0)


AXL Forecast + Options Trading Strategies   AXL  American Axle & Manufacturing (-0.0)


GOEV Forecast + Options Trading Strategies   GOEV  Canoo (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CMG



AGL Forecast + Options Trading Strategies   AGL  Agilon Health (-0.84)


NBR Forecast + Options Trading Strategies   NBR  Nabors Industries (-0.84)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.86)


WW Forecast + Options Trading Strategies   WW  WW International (-0.87)


ATSG Forecast + Options Trading Strategies   ATSG  Air Transport Services (-0.89)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CMG


 Ask any question about CMG!