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Chipotle (CMG) stock is down more than 17% since the start of 2025.
Bank of America Securities senior restaurant analyst Sara Senatore joins Market Domination with Julie Hyman and BD8 Capital Partners CEO and CIO Barbara Doran to discuss the stock and explain why she holds a Buy rating for the stock.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
And I want to ask about Chipotle in particular. I know you that you hosted them at a recent conference. I know you have a buy rating. The stock down at 17% year to date alone. Um, and you know, there do seem to be some concerns here. Maybe around that value proposition. I don't know. I'm I'm curious to get your take here on whether you it sounds like you think from the buy rating that people should be stepping in here.
Yeah, I think this is an opportunity. I mean, you know, I'll say first of all, most restaurants have been under pressure year to date because the consumer, you know, certainly the consumer, uh the the data have been cloudy. So you know, talked about calendar shifts, we talked about um, you know, weather. So it's been hard to know exactly what's happening. But it's also the case that, you know, in a period of economic uncertainty, there is a sense among investors, um that maybe some of this more discretionary spending, which includes restaurants, um, might, you know, might uh might shrink. And I think what we're seeing right now is is that is not the case. And Chipotle does have a very strong value proposition. So uh the pressure on the shares uh is sort of, you know, fear about what might be and again, we don't think it's the highest probability outcome as opposed to what's actually happening, which is the company's executing well.