Huge earnings but a rich valuation. Can Chipotle get even hotter?
Aug 3, 2007 at 12:00AM
Shares of Chipotle Mexican Grill (NYSE:CMG)(NYSE:CMG-B) have almost doubled over the last year. Chipotle now sports a P/E more than double that of Starbucks (NASDAQ:SBUX). Is Chipotle overvalued, or could it get even hotter? And is it really possible to buy Chipotle at a discount? In this installment of Fool Video, I ask Motley Fool senior analyst Andy Cross.