WEBVTT - Chipotle Stock Analysis: Is It Time to Buy?

0:00:01.360 --> 0:00:03.640
<v Speaker 1>This episode is brought to you by P and C Bank.

0:00:04.000 --> 0:00:06.760
<v Speaker 1>A lot of people think podcasts about work are boring,

0:00:07.000 --> 0:00:10.840
<v Speaker 1>and sure they definitely can be, but understanding a professionals

0:00:10.920 --> 0:00:14.160
<v Speaker 1>routine shows us how they achieve their success little by little,

0:00:14.560 --> 0:00:18.200
<v Speaker 1>day after day. It's like banking with P and C Bank.

0:00:18.680 --> 0:00:21.480
<v Speaker 1>It might seem boring to safe plan and make calculated

0:00:21.480 --> 0:00:24.599
<v Speaker 1>decisions with your bank, but keeping your money boring is

0:00:24.640 --> 0:00:27.960
<v Speaker 1>what helps you live or more happily fulfilled life. P

0:00:28.080 --> 0:00:32.879
<v Speaker 1>and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

0:00:32.960 --> 0:00:35.600
<v Speaker 1>Boring since eighteen sixty five is a service mark of

0:00:35.600 --> 0:00:38.840
<v Speaker 1>the PNC Financial Service Group, Inc. P and C Bank

0:00:39.280 --> 0:00:42.000
<v Speaker 1>National Association Member FDIC.

0:00:44.600 --> 0:00:45.279
<v Speaker 2>Erness What's Up?

0:00:45.360 --> 0:00:47.839
<v Speaker 1>You ever walk into a small business and everything just

0:00:47.960 --> 0:00:51.159
<v Speaker 1>works like the checkout is fast, the receipts are digital,

0:00:51.680 --> 0:00:54.640
<v Speaker 1>tipping is a breeze, and you're out the door before

0:00:54.680 --> 0:00:58.840
<v Speaker 1>the line even builds. Odds are they're using Square? We

0:00:58.960 --> 0:01:01.320
<v Speaker 1>love supporting business is that run on Square because it

0:01:01.440 --> 0:01:04.399
<v Speaker 1>just feels seamless. Whether it's a local coffee shop, a

0:01:04.480 --> 0:01:06.920
<v Speaker 1>vendor at a pop up market, or even one of

0:01:06.920 --> 0:01:10.039
<v Speaker 1>our merch partners. Square makes it easy for them to

0:01:10.120 --> 0:01:13.920
<v Speaker 1>take payments, manage inventory, and run their business with confidence,

0:01:14.280 --> 0:01:17.600
<v Speaker 1>all from one simple system. If you're a business owner

0:01:17.800 --> 0:01:21.200
<v Speaker 1>or even just thinking about launching something soon, Square is

0:01:21.280 --> 0:01:23.319
<v Speaker 1>hands down one of the best tools out there to

0:01:23.400 --> 0:01:27.440
<v Speaker 1>help you start, run and grow. It's not just about payments,

0:01:27.720 --> 0:01:30.360
<v Speaker 1>it's about giving you time back so you can focus

0:01:30.400 --> 0:01:33.119
<v Speaker 1>on what matters most ready. To see how Square can

0:01:33.160 --> 0:01:37.919
<v Speaker 1>transform your business, visit Square dot com, backslash, go backslash

0:01:38.040 --> 0:01:42.200
<v Speaker 1>eyl to learn more that Square dot com backslash, go

0:01:42.640 --> 0:01:46.840
<v Speaker 1>backslash eyl. Don't wait, don't hesitate. Let's Square handle the

0:01:46.880 --> 0:01:49.400
<v Speaker 1>back end so you can keep pushing your vision forward.

0:01:51.840 --> 0:01:54.800
<v Speaker 3>So Chipotle has split a couple weeks ago and then

0:01:55.080 --> 0:01:59.960
<v Speaker 3>suffered a recent decline. So what's the what's the deal

0:02:00.000 --> 0:02:00.560
<v Speaker 3>with Chipotle?

0:02:00.680 --> 0:02:00.840
<v Speaker 4>Now?

0:02:00.960 --> 0:02:03.600
<v Speaker 3>Is it time to start mining Chipotle stock?

0:02:04.600 --> 0:02:08.600
<v Speaker 4>I think so. I was slowly easing to it.

0:02:08.639 --> 0:02:10.480
<v Speaker 5>I do want to see the succession plan, because when

0:02:10.520 --> 0:02:13.680
<v Speaker 5>you lose a great CEO like the one they lost,

0:02:14.800 --> 0:02:15.680
<v Speaker 5>it does have an impact.

0:02:15.720 --> 0:02:18.000
<v Speaker 4>Now they do have great systems in place. I do

0:02:18.160 --> 0:02:18.680
<v Speaker 4>like the stock.

0:02:18.800 --> 0:02:21.840
<v Speaker 5>I do want to see what changes they would make

0:02:21.880 --> 0:02:24.680
<v Speaker 5>after losing him, because some people are just great drivers

0:02:24.680 --> 0:02:27.760
<v Speaker 5>of a business. He was one of them. But if

0:02:27.760 --> 0:02:29.919
<v Speaker 5>we're going to be very honest, like that Stock one

0:02:29.960 --> 0:02:32.720
<v Speaker 5>of the biggest mistakes that I made is when they

0:02:32.720 --> 0:02:35.280
<v Speaker 5>had that deep dip and I sold off a few

0:02:35.360 --> 0:02:38.200
<v Speaker 5>years ago in twenty eighteen, And it goes to show

0:02:38.280 --> 0:02:39.760
<v Speaker 5>like and even though like I made it up in

0:02:39.840 --> 0:02:43.120
<v Speaker 5>other AMD and video Lily stuff like that, Like it

0:02:43.280 --> 0:02:46.000
<v Speaker 5>just shows the power of holding and letting the restructure.

0:02:46.040 --> 0:02:47.520
<v Speaker 4>Will Liam is a great example of that.

0:02:48.120 --> 0:02:50.760
<v Speaker 5>Before Elon got there, there was not as much fanfare

0:02:50.800 --> 0:02:53.480
<v Speaker 5>for the stock. Just holding through every wave of ups

0:02:53.480 --> 0:02:56.200
<v Speaker 5>and downs is really key. But fundamentally the business is there,

0:02:56.280 --> 0:03:00.079
<v Speaker 5>great profit margins is great. We talked about it. I

0:03:00.120 --> 0:03:02.160
<v Speaker 5>got like one of all the fast food places I

0:03:02.160 --> 0:03:06.959
<v Speaker 5>feel comfortable like going to because of the quality. So yeah,

0:03:07.120 --> 0:03:09.640
<v Speaker 5>great company. I would look to add some positions to

0:03:09.800 --> 0:03:13.120
<v Speaker 5>it now. And I think it's one of those companies

0:03:13.160 --> 0:03:14.760
<v Speaker 5>that you cannot miss out off for like the next

0:03:14.760 --> 0:03:15.840
<v Speaker 5>five execuits.

0:03:16.320 --> 0:03:18.040
<v Speaker 1>I went you, I went you. I mean, it just

0:03:18.040 --> 0:03:20.000
<v Speaker 1>feels like a natural progression. That's kind of what we

0:03:20.040 --> 0:03:22.400
<v Speaker 1>talked about when Stock split and what just so happened

0:03:22.440 --> 0:03:26.120
<v Speaker 1>in the video. I think the double double whammy polls

0:03:26.320 --> 0:03:30.200
<v Speaker 1>is that they you changed your CEO and right after that.

0:03:30.680 --> 0:03:34.960
<v Speaker 1>So people don't like uncertainty. And for the past five years,

0:03:35.000 --> 0:03:39.120
<v Speaker 1>definitely during the pandemic. We've seen Chipotle just after that

0:03:39.160 --> 0:03:42.440
<v Speaker 1>twenty eighteen when they when they had the food.

0:03:43.480 --> 0:03:47.360
<v Speaker 4>Oh yeah, that crisis was big. That would have crippled they.

0:03:48.160 --> 0:03:50.840
<v Speaker 1>Yeah, it was tough and they took a hit for it,

0:03:50.920 --> 0:03:53.520
<v Speaker 1>but they recovered nicely. We covered it, you know what

0:03:54.000 --> 0:03:56.640
<v Speaker 1>Brian Nicole did to get them back on track. So

0:03:56.720 --> 0:03:59.840
<v Speaker 1>now you lose that leader, now what And so that

0:04:00.160 --> 0:04:03.360
<v Speaker 1>I think his effective date is as the new col

0:04:03.520 --> 0:04:05.840
<v Speaker 1>Starbucks is September ninth.

0:04:06.080 --> 0:04:07.600
<v Speaker 4>Right when Breake cuts.

0:04:08.000 --> 0:04:09.800
<v Speaker 1>Right, So you're talking about like in the next week

0:04:09.880 --> 0:04:12.560
<v Speaker 1>or two you're gonna have you're gonna name whose predecessor

0:04:12.680 --> 0:04:15.840
<v Speaker 1>is that would be important to the future of the stock.

0:04:16.400 --> 0:04:18.239
<v Speaker 2>But it is a short stock. Like I said that,

0:04:18.279 --> 0:04:19.200
<v Speaker 2>the margins are great.

0:04:19.960 --> 0:04:21.720
<v Speaker 1>So if it's a stock that was on your watch

0:04:21.760 --> 0:04:24.480
<v Speaker 1>list and you're waiting to pull back like a guy

0:04:24.560 --> 0:04:26.280
<v Speaker 1>like me, it might be a good time.

0:04:26.960 --> 0:04:29.720
<v Speaker 5>Can we talk about the importance of keeping momentum at

0:04:29.720 --> 0:04:33.960
<v Speaker 5>all costs because maybe fifteen years ago Subway with Chipotle,

0:04:34.560 --> 0:04:37.160
<v Speaker 5>and now I'm worried if Subway is even going to survive.

0:04:38.400 --> 0:04:43.320
<v Speaker 1>Subway has the most restaurants in the country.

0:04:44.000 --> 0:04:47.039
<v Speaker 5>What one of the deepest pullbacks I've seen, just like

0:04:47.600 --> 0:04:49.360
<v Speaker 5>sales are through the.

0:04:49.160 --> 0:04:52.599
<v Speaker 1>Floor, and they just so they've watched the model, like

0:04:52.680 --> 0:04:55.000
<v Speaker 1>Chipotle has definitely coming and taken over.

0:04:55.440 --> 0:04:57.760
<v Speaker 2>Cava is now Cava's.

0:04:59.160 --> 0:05:00.840
<v Speaker 4>I mean, if you put yoga i'm at in your bread.

0:05:01.279 --> 0:05:03.160
<v Speaker 1>This is with the thing about Cova is that they

0:05:03.160 --> 0:05:05.960
<v Speaker 1>don't have that many locations yet. Yeah, so the growth

0:05:06.480 --> 0:05:08.840
<v Speaker 1>and the potential for growth is still there. So they

0:05:08.880 --> 0:05:11.320
<v Speaker 1>come into space. Subway is now for the first time

0:05:11.320 --> 0:05:15.679
<v Speaker 1>adjusting the prices. So the mistake, right, but what they're

0:05:15.720 --> 0:05:18.000
<v Speaker 1>doing to here's what they're doing though, right, So like

0:05:18.080 --> 0:05:19.960
<v Speaker 1>one of the plans is like let's give them more

0:05:20.240 --> 0:05:22.160
<v Speaker 1>with a little bit of an elevated price, and so

0:05:22.279 --> 0:05:24.159
<v Speaker 1>like let's say it was a meal that would of

0:05:24.200 --> 0:05:27.080
<v Speaker 1>course sixteen ninety nine, they're now selling that for seven

0:05:27.160 --> 0:05:30.200
<v Speaker 1>ninety nine. So they're trying to infuse new ways to

0:05:30.279 --> 0:05:34.240
<v Speaker 1>generate income. But it's tough, right when people start looking

0:05:34.279 --> 0:05:37.159
<v Speaker 1>at healthier options. Not that Chapole is the healthiest option,

0:05:37.240 --> 0:05:40.159
<v Speaker 1>but it feels like it's a sophisticated fast food.

0:05:40.440 --> 0:05:42.559
<v Speaker 2>Cova is now in that space. You got a couple

0:05:42.600 --> 0:05:45.360
<v Speaker 2>other companies that are in the space. So it's tough.

0:05:45.520 --> 0:05:48.039
<v Speaker 1>It's tough. You have to be innovative. They don't have

0:05:48.240 --> 0:05:49.560
<v Speaker 1>the mobile part component.

0:05:50.400 --> 0:05:51.760
<v Speaker 4>I mean, but it's hard to build a mobile part

0:05:51.760 --> 0:05:53.599
<v Speaker 4>of the Food isn't what you eat that subway.

0:05:54.760 --> 0:05:56.520
<v Speaker 3>What I eat and I don't eat fast food. But

0:05:57.000 --> 0:05:58.600
<v Speaker 3>are your tuning fish chamis if I had.

0:05:58.520 --> 0:06:02.640
<v Speaker 2>To from but I used to eat the kariakee chicken.

0:06:04.680 --> 0:06:05.599
<v Speaker 4>Sandwich is good. Yeah.

0:06:05.880 --> 0:06:10.280
<v Speaker 2>Did they hit me up about the chocolate? No, no, shot,

0:06:10.320 --> 0:06:10.640
<v Speaker 2>he's paid.

0:06:10.680 --> 0:06:10.960
<v Speaker 4>They thing.

0:06:11.040 --> 0:06:12.919
<v Speaker 1>They said, that's not really a candy Somebody text me

0:06:12.920 --> 0:06:15.040
<v Speaker 1>that it's not a candy bar?

0:06:16.120 --> 0:06:18.560
<v Speaker 2>Is I don't know? They said there's no chocolate in it.

0:06:18.960 --> 0:06:21.360
<v Speaker 4>You can have a candy bar without chocolate, can can you?

0:06:21.360 --> 0:06:21.720
<v Speaker 4>Why not?

0:06:21.920 --> 0:06:24.640
<v Speaker 3>That's a prerequisite to be a candy bar chocolate. Somebody

0:06:24.680 --> 0:06:28.479
<v Speaker 3>gave me a payday too. Actually may be listening shouting.

0:06:28.520 --> 0:06:31.680
<v Speaker 3>Everybody gave me a fist bum. Appreciate you. Shouts of

0:06:31.800 --> 0:06:34.800
<v Speaker 3>food pubid that offered the hand sanitizer, appreciate you, thank you.

0:06:36.080 --> 0:06:38.080
<v Speaker 2>I don't I know that. I thought it was a chocolate.

0:06:38.279 --> 0:06:40.000
<v Speaker 2>It's peanuts and camera.

0:06:40.720 --> 0:06:43.960
<v Speaker 5>I thought if it was just candy in it.

0:06:45.360 --> 0:06:45.719
<v Speaker 4>I don't know.

0:06:45.800 --> 0:06:48.240
<v Speaker 5>I'm not a hers, She's kind of s But I

0:06:48.320 --> 0:06:51.600
<v Speaker 5>think it's really important for these brands because we're going

0:06:51.600 --> 0:06:54.359
<v Speaker 5>through a shift. Like even with Starbucks, Dutch Bros. Is

0:06:54.400 --> 0:06:57.680
<v Speaker 5>catching fire. Yeah yeah, So like, can you guys talk

0:06:57.720 --> 0:07:01.599
<v Speaker 5>about the important of keeping momentum while the brand is

0:07:01.640 --> 0:07:03.360
<v Speaker 5>hot and not falling back.

0:07:03.560 --> 0:07:05.919
<v Speaker 1>It's the company line we say to each other all

0:07:05.960 --> 0:07:07.280
<v Speaker 1>the time. Don't leave it why you're hot, That's how

0:07:07.279 --> 0:07:10.720
<v Speaker 1>it may screwed up. Shot to Betha right, like when

0:07:10.800 --> 0:07:15.280
<v Speaker 1>you when when it's it's hot, Paul Gasolino.

0:07:16.600 --> 0:07:18.960
<v Speaker 2>And the way to do that is to be consistent.

0:07:19.080 --> 0:07:21.920
<v Speaker 1>And so most people have to run like we just

0:07:21.960 --> 0:07:23.440
<v Speaker 1>had leading up to the Vest Vest.

0:07:23.880 --> 0:07:25.480
<v Speaker 2>People don't realize the work that it takes.

0:07:25.520 --> 0:07:29.360
<v Speaker 1>That is an entire festival market, Monday still happens, your

0:07:29.440 --> 0:07:34.160
<v Speaker 1>leisure still happens, Blackout still happens. There's other businesses that

0:07:34.160 --> 0:07:36.600
<v Speaker 1>are happening, but you have to be consistent with all

0:07:36.640 --> 0:07:39.000
<v Speaker 1>of them. And so that's what keeps you hot is

0:07:39.040 --> 0:07:41.320
<v Speaker 1>because people can rely on you and they know you're

0:07:41.360 --> 0:07:44.600
<v Speaker 1>going to be consistent, and the consistency brings trust, and

0:07:44.600 --> 0:07:47.320
<v Speaker 1>with that trust now people feel like, all right, I

0:07:47.360 --> 0:07:50.560
<v Speaker 1>can go to them. You get people from other businesses saying, oh,

0:07:50.640 --> 0:07:54.360
<v Speaker 1>those are the guys you Yeah, you become the pillar

0:07:54.480 --> 0:07:55.880
<v Speaker 1>of the space because it's like, all right, we can

0:07:55.920 --> 0:07:57.720
<v Speaker 1>trust them. We know they're consistent, they've been here for

0:07:57.720 --> 0:08:01.040
<v Speaker 1>a while, they're vetted. We like these guys. Let's rock

0:08:01.080 --> 0:08:01.600
<v Speaker 1>with them.

0:08:01.720 --> 0:08:03.160
<v Speaker 4>Yeah. Most people want to have the night that we

0:08:03.200 --> 0:08:08.600
<v Speaker 4>had last nighte and allegend legend legend for me. It

0:08:08.680 --> 0:08:13.960
<v Speaker 4>was an.

0:08:11.400 --> 0:08:15.920
<v Speaker 6>Illegal alien from Guatemala charged with raping a child in Massachusetts.

0:08:16.240 --> 0:08:19.640
<v Speaker 6>An MS thirteen gang member from Al Salvador accused of

0:08:19.760 --> 0:08:23.760
<v Speaker 6>murdering a Texas man of Venezuelan charged with filming and

0:08:23.840 --> 0:08:27.680
<v Speaker 6>selling child pornography in Michigan. These are just some of

0:08:27.720 --> 0:08:31.400
<v Speaker 6>the heinous migrant criminals caught because of President Donald J.

0:08:31.480 --> 0:08:35.280
<v Speaker 6>Trump's leadership. I'm Christy Noman, the United States Secretary of

0:08:35.320 --> 0:08:40.120
<v Speaker 6>Homeland Security. Under President Trump, attempted illegal border crossings are

0:08:40.160 --> 0:08:43.520
<v Speaker 6>at the lowest levels ever recorded, and over one hundred

0:08:43.559 --> 0:08:47.439
<v Speaker 6>thousand illegal aliens have been arrested. If you are here illegally,

0:08:47.960 --> 0:08:51.240
<v Speaker 6>your next you will be fine nearly one thousand dollars

0:08:51.320 --> 0:08:55.440
<v Speaker 6>a day, imprisoned and deported, you will never return. But

0:08:55.520 --> 0:08:59.079
<v Speaker 6>if you register using our CBP home app and leave now,

0:08:59.440 --> 0:09:02.520
<v Speaker 6>you could be allowed to return legally. Do what's right.

0:09:03.120 --> 0:09:08.079
<v Speaker 6>Leave now. Under President Trump America's laws, border and families

0:09:08.240 --> 0:09:09.080
<v Speaker 6>will be protected.

0:09:09.160 --> 0:09:11.319
<v Speaker 4>Sponsored by the United States Department of Homeland Security,