Pretty much every college student I know loves Chipotle.
It is this near-crazy addiction that many people have that drives Chipotle's success in their restaurant and in the financial marketplace.
Chipotle is currently trading at a price of $705.63 per share, which compared to most stocks is extraordinarily high. It has a market cap of $22 billion, essentially making it one of the largest casual dining restaurants in the United States.
Over the past year, the stock has grown 15.87 percent, beating out most of its sector rivals and growing faster than the S&P 500 in that same time frame. Its success has been tremendous; however, in the near future, not everyone finds it to be the best stock pick.
On Tuesday, the stock dropped $65 a share, or a little over nine percent due to its poor earnings and slowing sales growth. Some might consider this a time to buy the stock at a reduced rate, while others are a bit more skeptical for the near future.
Overall, the company seems solid, but with issues in slow growth, and other competitors popping up more frequently, Chipotle might be in for some setbacks ahead.
