Top 10 'New Frugal' Stocks
OptionsZone Experts, May 8, 2009
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Frugal Stock #5: Chipotle Mexican Grill
The final restaurant stock in our Frugal Nation Top 10 is upscale fast-food chain Chipotle Mexican Grill (CMG). This place reminds us of the old Yogi Berra adage, "Nobody goes there no more; it's too crowded!"
This McDonald's (MCD) spin-off serves up great tasting, healthy Mexican fare at prices so low even the most frugal of diners will say, olé! Chipotle now enjoys annual sales in excess of $1 billion, and one reason is its focus on offering a healthier range of products based on naturally raised and organic ingredients. In a Frugal Nation, value and price go hand in hand, and restaurants who can deliver both—like Chipotle—will be well positioned to profit.
Of course, as the four restaurant chains we've profiled here continue to profit, their stock prices will likely continue cooking up plates of profits for investors.
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