When putting together your watch list, look for stocks with an 80 or higher RS Rating. Chipotle Mexican Grill stock is one stock that just reached the mark, now earning a score of 82.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
Is Chipotle Mexican Grill Stock A Buy?
Chipotle Mexican Grill stock is trying to complete a consolidation with a 1,754.66 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth increased last quarter from 25% to 35%. But revenue gains fell from 17% to 14%.
Chipotle Mexican Grill stock earns the No. 1 rank among its peers in the Retail-Restaurants industry group. For more industry news, check out "Retail Industry News And Stocks To Watch."