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"Top Market Trends: Feb. 7 Insights and What to Watch Today"

  • A Punkrock Capitalist
  • Feb 7, 2024
  • 1 min read

Chipotle Mexican Grill (CMG) gets a well deserved quadruple PT raise. There is no stopping this stock apparently. It has run insanely much lately. People want good food and "choosing up" to something more healthy is more sustainable than choosing cheap. CAVA would be in that category as well. DPZ would not be I that category.


Interesting that YUM missed the quarter and McDonalds (MCD) supposedly is hit by boycotts. I think it has more to do with consumers craving different products.


Spotify(SPOT) is offering Joe Rogan $250 Mil for another contract without platform exclusivity. The company is making close to $1B in profit. Slept on. Still with mostly Buy rating.


The S&P 500 is so broadly rising that we are close to the 5000 level which would be new record territory. Buying should be done with care.

 
 
 

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