In the video below, Fool analysts Jason Moser and Austin Smith discuss why it may be a good time to buy and hold Chipotle stock.
Moser sees a lot of growth yet to come for Chipotle. It operates in the fast-casual area of dining, now a $25 billion-per-day market and still growing fast.
Chipotle now owns about 1,300 stores in the U.S. Moser says that number can double with no problem at all. Taco Bell operates some 5,700 stores worldwide. So there is plenty of room for Chipotle to grow, Moser says.
The company also has great potential in its ShopHouse Asian fast-casual restaurant. It now owns and runs just one ShopHouse store, in Washington, D.C.
The stock had been selling at a premium, but a recent pullback has brought it in line with slower-growing competitors, the analysts say.
Moser says Chipotle is a stock investors can buy today and hold onto for a decade.
This past year hasn't been kind to Chipotle's stock, as investors question whether its growth has come to an end. But has the pullback created a great opportunity for buy-to-hold investors? Fool analyst Jason Moser's new premium research report analyzes the burrito maker's situation and answers the question investors are asking: Can Chipotle still grow? If you own or are considering owning shares in Chipotle, you'll want to click here now and get started!
The article Why You Should Buy Chipotle, and Keep It for a Decade originally appeared on Fool.com.
Austin Smith has no positions in the stocks mentioned above. Jason Moser owns shares of Chipotle Mexican Grill and Panera Bread. The Motley Fool owns shares of Chipotle Mexican Grill and Panera Bread. Motley Fool newsletter services recommend Chipotle Mexican Grill and Panera Bread. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.