Among the top consumer discretionary stocks in the market, Chipotle (CMG) could top many investors' lists. Indeed, in terms of fast casual dining firms available to investors, Chipotle may be one of the best-in-class options to consider right now.
Chipotle's stock chart certainly does not speak to this narrative. Sinking from more than $60 per share a year ago to around $34 per share today, the stock has lost roughly half of its value over the span of the past 12 months. That's compared to a broader market that has continued to grind higher, bolstered by expectations of even greater growth tied to technological innovation (most of which is coming via the artificial intelligence trade).
