Updating Chipotle, New Gold, and Weight Watchers

Article Excerpt

CHIPOTLE MEXICAN GRILL $319.70 (New York symbol CMG; TSINetwork Rating: Extra Risk) (303-595- 4000; www.chipotle.com; Shares outstanding: 28.2 million; Market cap: $9.0 billion; No dividend) continues its fight to rebuild its reputation and customer traffic after its food contamination scares. Chipotle has implemented highly publicized food-safety training for its employees. The company also needs a fresh perspective to bring about a sustained turnaround. As part of that effort, the company’s current CEO and founder Steve Ells will become executive chairman, and Chipotle will continue its search for a new CEO. While the company should be able to eventually win back its customers, that will take time. Chipotle is still a hold. NEW GOLD $3.84 (Toronto symbol NGD; TSINetwork Rating: Speculative) (888-315-9715; www.newgold.com; Shares outstanding: 575.5 million; Market cap: $2.2 billion; No dividends paid) has four mines: the Mesquite project in the U.S.; Cerro San Pedro in Mexico; the Peak mine in Australia; and the New Afton operation in B.C. A fifth mine, in Rainy…

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