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SA author The Independent Investor brushes off all the talk that shares of Chipotle ([[CMG]] +1.1%) are overvalued as the latest momo favorite. The trader claims that if the firm continues to grow at the relatively conservative rate of 20%-25% per year - compared to its rate of 35%-45% for the past five years - the stock actually looks "reasonably valued to modestly cheap."

SA author The Independent Investor brushes off all the talk that shares of Chipotle (CMG +1.1%) are overvalued as the latest momo favorite. The trader claims that if the firm continues to grow at the relatively conservative rate of 20%-25% per year - compared to its rate of 35%-45% for the past five years - the stock actually looks "reasonably valued to modestly cheap." 1 comment!
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