Chipotle Stock Is Hitting Record Highs; Can It Go Even Higher?

Chipotle Stock Is Hitting Record Highs; Can It Go Even Higher?

Chipotle's (NYSE: CMG) stock is sizzling hotter than steak fajitas in 2021. Its management can be commended for handling the pandemic's onset and duration with skillfulness, adapting quickly to digital sales when in-person dining was forced to shut down. The market is rewarding the fast-casual restaurant business by bidding up its stock price to the tune of 47% this year.