Penney: Why I’m Sticking With Chipotle Best Idea Short $CMG

02/13/23 03:32PM EST

https://cdn.jwplayer.com/players/Wl6ZqOfY-nxLKppbU-3bSSRtDl.js?sig=3c90472ef96abb4db181f03041f508ee&exp=1676323563

Hedgeye analyst Howard Penney explains why he’s recommending investors stay short Chipotle (CMG) during this clip from The Call @ Hedgeye this morning.

“Things are slowing down,” says Penney. “We feel pretty good coming out of the quarter on our Chipotle short. We think Wall Street’s got its head in the sand on what the company’s problems are.”

Watch the full clip above.

Penney: Why I’m Sticking With Chipotle Best Idea Short $CMG - Call Banner

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