Chipotle Mexican Grill Inc. (CMG): Today's Featured Leisure Laggard

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.

Chipotle Mexican Grill ( CMG) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Chipotle Mexican Grill fell $17.86 (-3.0%) to $570.68 on heavy volume. Throughout the day, 978,808 shares of Chipotle Mexican Grill exchanged hands as compared to its average daily volume of 496,700 shares. The stock ranged in price between $565.50-$593.10 after having opened the day at $590.12 as compared to the previous trading day's close of $588.54. Other companies within the Leisure industry that declined today were: Chanticleer Holdings ( HOTR), down 7.9%, MakeMyTrip ( MMYT), down 7.2%, Carnival Corporation ( CCL), down 5.0% and Carnival ( CUK), down 4.7%.

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 $19.0 billion and is part of the services sector. Shares are up 10.5% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Chipotle Mexican Grill a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Chipotle Mexican Grill as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Sonic Corporation ( SONC), up 11.0%, Iao Kun Group Holding Company ( IKGH), up 9.0%, Chuy's Holdings ( CHUY), up 5.3% and Good Times Restaurants ( GTIM), up 2.9% , were all gainers within the leisure industry with Wyndham Worldwide Corporation ( WYN) being today's featured leisure industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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