Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, October 16, 2015

Article Excerpt

CHIPOTLE MEXICAN GRILL, $722.70, symbol CMG on New York, has hired Curt Garner as its first chief information officer. The company hopes Garner will improve its mobile presence, including the ability to order and pay through smartphones and tablets. Mobile apps have already paid off very successfully for fast-food and fast-casual chains like Domino’s, Panera Bread, Starbucks and Taco Bell. Previously, Garner spent 20 years at Starbucks in various technology roles, including CIO. The coffee chain recently finished rolling out its mobile ordering and payment app at its more than 7,400 U.S. outlets. Mobile payments now represent more than 20% of Starbucks’ U.S. sales, and the chain saw higher revenue at stores that were quick to adopt the mobile app. Chipotle is still a hold. Chipotle was recently covered in the October 2015 issue of Stock Pickers Digest. Click here to access it. Chipotle was recently covered in the Stock Pickers Digest Hotline for July 24, 2015. Click here to access it. RESTAURANT BRANDS INTERNATIONAL INC.,…