ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Sunday, December 12, 2010
3 Reasons to Buy Chipotle
This article discusses reasons why Chipotle is a good company to buy stock in. The reason that relates to class says that Chipotle and other restaurants are great companies to invest in as a recession passes. This is because higher employment causes heavier lunch traffic. Also great disposable income can lead to eating out more. When hard economic times hit many people turn to eating out less as a way to save money. They pack lunches to work and eat at home for dinner more often. However, as we come out of these hard economic times a reverse effect takes place. People begin eating out more then they did when faced with rough economic times.
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I think that Chipotle is a good investment too. Their stock price has been rising from less than $100 one year from now to more than $230 recently.
ReplyDeleteI also agree that this is a good way to invest your money. This will help the economy and help to circulate money which is necessary for monetary policy to work.
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