Topic: How To Invest

Power Growth Investor Hotline – Friday, September 30, 2022

Article Excerpt

CHIPOTLE MEXICAN GRILL INC., $1,502.76, remains a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat. Chipotle continues to look for ways to ease obstacles for its employees, especially as it plans to grow to 7,000 restaurants in North America. As part of that effort, it’s now partnering with Miso Robotics in March to test Chippy, a robot that can cook tortilla chips. In fact, in October, it plans to test its first Chippy at one of its restaurants in Fountain Valley, California. Chipotle has already tested Chippy’s ability to make and season its tortilla chips with salt and lime at its headquarters’ innovation hub in Irvine, California. Today, workers at Chipotle restaurants fry and season the chips, which can be time consuming. In addition to the Chippy restaurant test, Chipotle is also piloting…