Trade Idea on CMG post earnings

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Trade Idea on CMG post earnings

 

Chipotle Mexican Grill (CMG) reported earnings this past week, and while results were decent, it fell short of market expectations. The stock has been about 8% since then.

 

Chipotle Mexican Grill (CMG) reported earnings this past week, and while results were decent, it fell short of market expectations. The stock has been about 8% since then.

 

Here’s a trade idea that could return between 13% and 17% over the next 4 to 5 weeks.

 

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