Restaurant Stocks to Buy 2013 - Chipotle Mexican Grill
(CMG) - Chipotle Mexican Grill (CMG) is my top restaurant stock pick for 2013 due the recent drop over the last 4
months. CMG was red hot in early 2012 but dropped after the company cut It's sales forecast which caused analysts
to lower their earnings expectations. After hitting a high of $443, CMG stock dropped all the way down to $233
I have been buying Chipotle Mexican Grill (CMG) over the last 3 months
and my average is around $271. CMG is my favorite resturant stock for 2013 due to it's growth potential. The company
is expanding It's asian concept ShopHouse to the west coast. Shophouse, which has one restaurant in Dupont Circle,
will become huge someday and here is your chance to buy into a restaurant company on the ground floor. You also
get the booming Chipotle Mexican Grill brand as well.
Chipotle Mexican Grill uses all natural ingredients
and organic food when possible. The company strives to help you eat healthy and support local farms. As the company
expands into new markets and countries, the stock price should rebound back to $350-$400 by 2014.
Mexican Grill (CMG) trades at a higher P/E than most restaurant stocks but the stock is a buy below $300 in 2013.
Stocks to Buy 2013
Panera Bread (PNRA)
Darden Restaurants (DRI) - Olive Garden - Red Lobster
Yum Brands (YUM) - Taco Bell - Pizza Hut