Long Term Surging Stock To Consider: Chipotle Mexican Grill

Going online could make Chipotle’s revenue not fall deeply during the lockdown and pandemic although earnings turned penny. Since mid-March NYSE: CMG has been slowly growing from $566.00 to $1,130.26 which means more than 100% rise within five months.

Right now people are more concerned with health safety. Therefore, ordering online via delivery services saves a lot of time and minimizes the risk of getting infected by the COVID-19. Chipotle and other restaurants are actually helping society to survive the pandemic with even profitable operations by implementing online services.

So, restaurants aren’t hurt, unlike hotels and airlines, thanks to the online business platform that even make food delivery services experience the busiest periods. Grubhub, Uber Meals, and Grab are also enjoying the pandemic’s effect on global society’s behavior.