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Stocks & Commodities V. 33:06 (46–47): Explore Your Options by Tom Gentile

Stocks & Commodities V. 33:06 (46–47): Explore Your Options by Tom Gentile

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Explore Your Options by Tom Gentile

GETTING IN ON THE NEXT CHIPOTLE?

Is there a reason you chose not to get in on the Chipotle Mexican Grill (CMG) IPO after it went public, seeing now that the stock is up 20-fold in the last nine years?

I have two reasons for that. The first is that I typically dont buy stocks outright, and the second is that I dont buy new David companies trying to occupy Goliath territory. Thats exactly what Chipotle did, and with great fashion (Figure 1).
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