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1 Overrated Number for Restaurant Stocks

By Chris Hill - Apr 2, 2013 at 7:04PM

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NYSE: CMG

Chipotle Mexican Grill, Inc.

Market Cap

$36B

Today's Change

(1.70%) $21.62

Current Price

$1,294.11

Price as of May 20, 2022, 4:00 p.m. ET

Could this plummeting crop price mean huge things for these big restaurant stocks?

The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill and analysts Andy Cross and Jason Moser discuss the top business and investing stories of the day.

The price of corn has fallen by more than 12.5% over a two-day period. It was the largest two-day drop ever. What does the decline in corn prices mean for restaurants like Panera (PNRA) and Chipotle (CMG 1.70%)? In this installment of MarketFoolery, our analyst discuss the price of corn and the implications for investors.

The relevant video segment can be found between 6:23 and 13:49.

For the full video of today's MarketFoolery, click here.

Stocks Mentioned

Chipotle Mexican Grill, Inc.

CMG

$1,294.11 (1.70%) $21.62

Panera Bread Company

PNRA

Buffalo Wild Wings, Inc.

BWLD

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Here's 1 Reason Not to Buy Chipotle Stock

Chipotle's Drive-Throughs Are a Gamechanger for the Business

Chipotle Investors Are Hungry for 7,000 Stores

Beans, Rice, and Riches Abound for Chipotle

Chipotle Grapples Effectively With Inflation and Boosts Profits

Motley Fool Returns

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Stock Advisor Returns

331%

S&P 500 Returns

115%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/20/2022.

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Cumulative Growth of a $10,000 Investment in Stock Advisor

Calculated by Time-Weighted Return since 2002. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.