By
Chris Hill
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January 16, 2013
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The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Austin Smith and Bryan Hinmon, discuss the top business and investing stories.
Chipotle (NYSE: CMG ) shares fell more than 5% today after warning that Q4 earnings will miss because of higher food costs. In this segment, the guys analyze the results and share why Chipotle's strength of the past may be its current challenge. During the recession, Chipotle was able to occupy a good spot in between McDonald's (NYSE: MCD ) and Darden Restaurants (NYSE: DRI ) for consumers "trading down" on restaurants. Next week it's rolling out a catering service in Colorado that will eventually go nationwide, and the guys also discuss why the catering service may be good in the long run but that the near term is all about Chipotle's main business.
Chipotle's stock has been on an absolute tear since the company went public in 2006. Unfortunately, 2012 hasn't been kind to Chipotle's stock, as investors question whether its growth has come to an end. Fool analyst Jason Moser's new premium research report analyzes the burrito maker's situation and answers the question investors are asking: Can Chipotle still grow? If you own or are thinking about buying shares in Chipotle, you'll want to click here now and get started!
The relevant video segment can be found between 2:51 and 7:05.
For the full video of today's MarketFoolery, click here.