<p><strong>墨式烧烤</strong>(CMG -1.28%) 已成为全球最知名的快餐连锁餐厅品牌之一。但是，无论消费者对它们有多喜爱，所有公司都会在好坏时期之间循环。随着墨式烧烤股价较 52 周高点下跌约 15%，长期增长投资者可能会考虑入场。当然，在这之前，您需要了解一些负面因素。</p>
<p>以下是在墨式烧烤股价表现疲弱时购买的三个理由。</p>
<h2>1. 墨式烧烤的增长尚未结束</h2>
<p>墨式烧烤并非一个小型餐厅概念，在全球拥有约 3500 家门店。可以肯定的是，它的高增长年份已经过去，因此在某种程度上，投资者已经错过了可能是最激动人心的扩张阶段。但这并不意味着墨式烧烤的增长已经结束。2024 年第二季度，该公司开设了 52 家新门店，这意味着年均新增约 200 家门店。显然，增长仍在计划之中。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTEyNTYvMjJfMDFfMjYtYS1wZXJzb24tbG9va2luZy1hdC1hLWNvbXB1dGVyLXNjcmVlbi13aXRoLWEtbG9vay1vZi11bnBsZWFzYW50LXN1cnByaXNlLV9nZXR0eWltYWdlcy0xMjE2OTY4ODYwLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTEyNTYvMjJfMDFfMjYtYS1wZXJzb24tbG9va2luZy1hdC1hLWNvbXB1dGVyLXNjcmVlbi13aXRoLWEtbG9vay1vZi11bnBsZWFzYW50LXN1cnByaXNlLV9nZXR0eWltYWdlcy0xMjE2OTY4ODYwLmpwZyZ3PTcwMA"/></p>
<p>图片来源: Getty Images.</p>
<p>与此同时，快速比较将有助于更好地理解上升轨迹的维度。竞争对手 Taco Bell，隶属于 <strong>百胜餐饮集团</strong>(NYSE: YUM)，经营着约 8500 家墨西哥主题餐厅。如果墨式烧烤每年开设 200 家门店，将需要超过十年的增长才能赶上 Taco Bell。</p>
<p>值得注意的是，增长并未以牺牲业绩为代价。2024 年第二季度，同店销售额增长达到令人印象深刻的 11%。这可能不是一个可持续的数字，但即使是这个数字的一半，在餐饮行业中仍代表非常强劲的表现，因为低个位数的同店销售增长通常被认为是相当不错的。总的来说，墨式烧烤未来仍有大量增长空间。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png"/></p>
<p>YCharts 提供的 CMG 数据</p>
<h2>2. CEO 离职并不是墨式烧烤的世界末日</h2>
<p>投资者往往会对新闻反应过度。因此，当墨式烧烤备受尊敬的 CEO Brian Niccol 突然宣布他将离职去管理 <strong>星巴克</strong>(NASDAQ: SBUX) 时，投资者感到担忧并抛售了墨式烧烤的股票。这是可以理解的，因为公司将不得不寻找替补，而在找到替补之前，业务前景可能存在一些不确定性。</p>
<p>但 Niccol 并非独自行事。他身边有一个团队，而这个团队将继续留下来管理墨式烧烤。事实上，最近宣布计划退休的一位公司资深人士已同意继续留下一段时间，以帮助公司继续运营。没有理由认为墨式烧烤会因为一个人离开而崩溃，即使那个人是 CEO。如果您是一位长期增长投资者，这里的负面情绪可能是一个购买机会。</p>
<h2>3. 股价下跌是墨式烧烤上升轨迹的正常组成部分</h2>
<p>成长股并不会简单地一路飙升。它们往往会沿着曲折的上升路径前行。墨式烧烤也不例外。如果您看一下下面的价格图表，您会发现墨式烧烤的大幅价格下跌对其来说是相当正常的。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png"/></p>
<p>YCharts 提供的 CMG 数据</p>
<p>最近的 15% 左右的下跌使股价比历史最高点低约 15%。迅速的价格下跌历史上一直是购买墨式烧烤的机会。公平地说，无法预测跌幅可能有多深。该股曾多次下跌 50% 或更多。但如果您不采取一种逆向思维，即在华尔街担心时采取行动，您可能永远不会购买墨式烧烤。</p>
<p>换句话说，不要错过墨式烧烤的回调。增长故事仍然强劲，大的负面新闻可能已经被夸大。如果您担心进一步下跌，可以建立一个起始头寸，如果股价继续下跌，则增加头寸。</p>
<h2>墨式烧烤：抓住机会</h2>
<p>华尔街没有水晶球，因此不可能知道墨式烧烤当前股价疲软是长期问题的迹象，还是仅仅是长期走向更高价格的一次小波动。但如果您深入了解背后的故事，很有可能认为小波动理论更有可能。如果这听起来合理，那就不要错过。至少今天购买一份墨式烧烤的股票，因为明天可能就没有同样的机会了。</p>

墨式烧烤

<p>芝波特墨式烧烤的股价已经从其 52 周高点下跌约 15%，为长期投资者提供了一个潜在的买入机会。尽管首席执行官布赖恩·尼科尔离职，但该公司仍在继续增长，在 2024 年第二季度开设了 52 家新店，并实现了令人印象深刻的同店销售增长。对于像芝波特墨式烧烤这样的成长股，价格波动是很常见的，当前的下跌可能是在股价再次上涨之前投资的机会。投资者被鼓励在最近的市场低迷中考虑开始建立芝波特墨式烧烤的股票头寸</p>

<p><strong>Chipotle Mexican Grill</strong>(CMG -1.28%) has become one of the most prominent fast-casual restaurant brands in the world. But all companies, no matter how well consumers like them, cycle between good and bad times. With Chipotle's stock down around 15% from its 52-week high, long-term growth investors might want to jump aboard. And, yes, there are some negatives to understand before you do.</p>
<div class="lb-trans"><p><strong>墨式烧烤</strong>(CMG -1.28%) 已成为全球最知名的快餐连锁餐厅品牌之一。但是，无论消费者对它们有多喜爱，所有公司都会在好坏时期之间循环。随着墨式烧烤股价较 52 周高点下跌约 15%，长期增长投资者可能会考虑入场。当然，在这之前，您需要了解一些负面因素。</p>
</div><p>Here are three reasons to buy Chipotle while its stock performance is weak.</p>
<div class="lb-trans"><p>以下是在墨式烧烤股价表现疲弱时购买的三个理由。</p>
</div><h2>1. Chipotle isn't done growing</h2>
<div class="lb-trans"><h2>1. 墨式烧烤的增长尚未结束</h2>
</div><p>Chipotle is not a small restaurant concept, having around 3,500 locations globally. To be sure, its big growth years are behind it, so in some ways, investors have missed out on what may be the most exciting expansion phase. But that doesn't mean that Chipotle is done growing. In the second quarter of 2024 the company opened 52 new locations, which is an annualized run rate of about 200 openings a year. Clearly, growth is still in the cards.</p>
<div class="lb-trans"><p>墨式烧烤并非一个小型餐厅概念，在全球拥有约 3500 家门店。可以肯定的是，它的高增长年份已经过去，因此在某种程度上，投资者已经错过了可能是最激动人心的扩张阶段。但这并不意味着墨式烧烤的增长已经结束。2024 年第二季度，该公司开设了 52 家新门店，这意味着年均新增约 200 家门店。显然，增长仍在计划之中。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTEyNTYvMjJfMDFfMjYtYS1wZXJzb24tbG9va2luZy1hdC1hLWNvbXB1dGVyLXNjcmVlbi13aXRoLWEtbG9vay1vZi11bnBsZWFzYW50LXN1cnByaXNlLV9nZXR0eWltYWdlcy0xMjE2OTY4ODYwLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F791256%2F22_01_26-a-person-looking-at-a-computer-screen-with-a-look-of-unpleasant-surprise-_gettyimages-1216968860.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源: Getty Images.</p>
</div><p>A quick comparison, meanwhile, will help give some dimension to the upward trajectory. Competitor Taco Bell, which is owned by <strong>Yum! Brands</strong>(NYSE: YUM), operates around 8,500 of its Mexican-themed restaurants. If Chipotle opens 200 locations a year it will take more than a decade of growth to catch up to Taco Bell.</p>
<div class="lb-trans"><p>与此同时，快速比较将有助于更好地理解上升轨迹的维度。竞争对手 Taco Bell，隶属于 <strong>百胜餐饮集团</strong>(NYSE: YUM)，经营着约 8500 家墨西哥主题餐厅。如果墨式烧烤每年开设 200 家门店，将需要超过十年的增长才能赶上 Taco Bell。</p>
</div><p>Notably, growth isn't coming at the expense of performance. Same-store sales came in at a very impressive 11% in the second quarter of 2024. That's probably not a sustainable figure, but even half of that would still represent very strong performance in the restaurant industry, where low single-digit same-store sales growth is usually considered pretty good. All in, it seems like there's plenty of growth ahead for Chipotle.</p>
<div class="lb-trans"><p>值得注意的是，增长并未以牺牲业绩为代价。2024 年第二季度，同店销售额增长达到令人印象深刻的 11%。这可能不是一个可持续的数字，但即使是这个数字的一半，在餐饮行业中仍代表非常强劲的表现，因为低个位数的同店销售增长通常被认为是相当不错的。总的来说，墨式烧烤未来仍有大量增长空间。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png" alt="" original-src="https://media.ycharts.com/charts/41966be7a8b7fed57736d3544b286799.png"/></p>
<p>CMG data by YCharts</p>
<div class="lb-trans"><p>YCharts 提供的 CMG 数据</p>
</div><h2>2. The CEO leaving isn't the end of the world for Chipotle</h2>
<div class="lb-trans"><h2>2. CEO 离职并不是墨式烧烤的世界末日</h2>
</div><p>Investors have a habit of overreacting to news. So when Chipotle's highly regarded CEO, Brian Niccol, abruptly announced that he was leaving to run <strong>Starbucks</strong>(NASDAQ: SBUX), investors were worried and dumped Chipotle's stock. Fair enough, given that the company will have to find a replacement, and until it does there could be some uncertainty in the business outlook.</p>
<div class="lb-trans"><p>投资者往往会对新闻反应过度。因此，当墨式烧烤备受尊敬的 CEO Brian Niccol 突然宣布他将离职去管理 <strong>星巴克</strong>(NASDAQ: SBUX) 时，投资者感到担忧并抛售了墨式烧烤的股票。这是可以理解的，因为公司将不得不寻找替补，而在找到替补之前，业务前景可能存在一些不确定性。</p>
</div><p>Only Niccol didn't operate in a vacuum. He had a team around him, and that team is staying behind to run Chipotle. In fact, a company veteran who recently announced plans to retire has agreed to stick around for a bit to help keep the company rolling along. There's no reason to believe that Chipotle is going to fall out of bed because one person has left, even though that person was the CEO. If you are a long-term growth investor, the negative sentiment here is probably a buying opportunity.</p>
<div class="lb-trans"><p>但 Niccol 并非独自行事。他身边有一个团队，而这个团队将继续留下来管理墨式烧烤。事实上，最近宣布计划退休的一位公司资深人士已同意继续留下一段时间，以帮助公司继续运营。没有理由认为墨式烧烤会因为一个人离开而崩溃，即使那个人是 CEO。如果您是一位长期增长投资者，这里的负面情绪可能是一个购买机会。</p>
</div><h2>3. Price drops are a normal part of Chipotle's upward trajectory</h2>
<div class="lb-trans"><h2>3. 股价下跌是墨式烧烤上升轨迹的正常组成部分</h2>
</div><p>Growth stocks don't simply rocket higher and higher. They tend to follow a jagged upward path. Chipotle is no different. If you look at the price graph below, you can see that big price drops are pretty normal for Chipotle.</p>
<div class="lb-trans"><p>成长股并不会简单地一路飙升。它们往往会沿着曲折的上升路径前行。墨式烧烤也不例外。如果您看一下下面的价格图表，您会发现墨式烧烤的大幅价格下跌对其来说是相当正常的。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png" alt="" original-src="https://media.ycharts.com/charts/c038a36b02916f5eb8cc2f3bc4cd45a4.png"/></p>
<p>CMG data by YCharts</p>
<div class="lb-trans"><p>YCharts 提供的 CMG 数据</p>
</div><p>The recent 15% or so drop has left the stock 15% or so below its all-time high. Swift price declines have, historically, been chances to buy Chipotle. To be fair, there's no telling how deep the decline could get. The stock has fallen by 50% or more multiple times. But if you don't take a contrarian stance, acting while Wall Street is worried, you may never buy Chipotle.</p>
<div class="lb-trans"><p>最近的 15% 左右的下跌使股价比历史最高点低约 15%。迅速的价格下跌历史上一直是购买墨式烧烤的机会。公平地说，无法预测跌幅可能有多深。该股曾多次下跌 50% 或更多。但如果您不采取一种逆向思维，即在华尔街担心时采取行动，您可能永远不会购买墨式烧烤。</p>
</div><p>In other words, don't miss out on a pullback in Chipotle. The growth story is still strong, and the big negative news is probably overdone. If you are worried about a deeper decline, initiate a starter position and add more if the stock continues to fall.</p>
<div class="lb-trans"><p>换句话说，不要错过墨式烧烤的回调。增长故事仍然强劲，大的负面新闻可能已经被夸大。如果您担心进一步下跌，可以建立一个起始头寸，如果股价继续下跌，则增加头寸。</p>
</div><h2>Chipotle: Act while the iron is hot</h2>
<div class="lb-trans"><h2>墨式烧烤：抓住机会</h2>
</div><p>There are no crystal balls on Wall Street, so it is impossible to know if Chipotle's current stock weakness is a sign of long-term trouble or just a blip on what has been a long trek toward higher prices. But if you dig into the backstory here, it looks highly probable that the blip theory is more likely. If that sounds reasonable to you, don't miss out. At least buy a starter position in Chipotle's stock today, because you may not have the same chance to do it tomorrow.</p>
<div class="lb-trans"><p>华尔街没有水晶球，因此不可能知道墨式烧烤当前股价疲软是长期问题的迹象，还是仅仅是长期走向更高价格的一次小波动。但如果您深入了解背后的故事，很有可能认为小波动理论更有可能。如果这听起来合理，那就不要错过。至少今天购买一份墨式烧烤的股票，因为明天可能就没有同样的机会了。</p>
</div>

3 个理由让你毫不犹豫地购买墨式烧烤