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7 Stocks To Buy After The Market Crash: CMG, C, INTC, HOG

Stocks to Buy: Chipotle Mexican Grill (CMG) Source: Northfoto / Shutterstock.com Newport Beach, California-based Chipotle Mexican Grill operates Chipotle Mexican Grill restaurants, serving a menu of burritos, tacos, burrito bowls, and salads. Chipotle released second-quarter results in mid-July. Revenue increased 38.7% year-over-year (YOY) to $1.9 billion. Net income was $188 million, up from $8.2 million. Adjusted diluted earnings per share (EPS) stood at $7.46, surging from 40 cents in the prior-year quarter. CEO Brian Niccol cited, “We remain confident in our key growth strategies and believe they will help us achieve our next goal of $3 million average unit volumes with industry-leading returns on invested capital that improve as we continue to add Chipotlanes.”

Equal-Weight Still Holds Merit for Growth Investors

“An equal-weighted index is a stock market index – comprised of a group of publicly traded companies – that invests an equal amount of money in the stock of each company that makes up the index. Thus, the performance of each company’s stock carries equal importance in determining the total value of the index,” according to the Corporate Finance Institute (CFI). Value Play on Growth Due to its long-running status as a growth haven, the Nasdaq-100 isn’t often thought of a value destination, but by introducing, equal weighting, investors can add a dash of the value factor to the equation.

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