Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.6%. By the end of trading, Chipotle Mexican Grill rose $58.00 (11.7%) to $551.96 on heavy volume. Throughout the day, 2,129,521 shares of Chipotle Mexican Grill exchanged hands as compared to its average daily volume of 362,900 shares. The stock ranged in a price between $546.10-$568.90 after having opened the day at $552.22 as compared to the previous trading day's close of $493.96. Other companies within the Services sector that increased today were:
), up 32.0%,
), up 11.9%,
), up 10.5% and
), up 10.5%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Chipotle Mexican Grill, Inc. develops and operates fast casual and fresh Mexican food restaurants. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of October 15, 2013, the company operated approximately 1,500 restaurants. Chipotle Mexican Grill, Inc. Chipotle Mexican Grill has a market cap of $15.0 billion and is part of the leisure industry. The company has a P/E ratio of 49.0, above the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Chipotle Mexican Grill a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Chipotle Mexican Grill
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Chipotle Mexican Grill Ratings Report.
On the negative front,
), down 18.0%,
), down 15.8%,
), down 13.0% and
), down 12.1% , were all laggards within the services sector with
) being today's services sector laggard.
- Use our services section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider
) while those bearish on the services sector could consider
- Find other investment ideas from our top rated ETFs lists.