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01-15-2021, 11:30 AM

#11

Josh611

Member

Join Date: Dec 2010

Location: Michigan

Posts: 9,993

Quote:

Originally Posted by xbignick

That and CMG have been on my watchlist for a couple months, sold SBUX after about a 30% gain so decided it was time to jump in one of the others. It seems they're killing the chain pizza game and I don't see anyone beneath them threatening that.

Anyone have thoughts on CMG?

Personally not for me. I’m not paying that kind of multiple for a fast food I’m not particularly a fan of. They sell burritos and trade at a higher multiple than Amazon. Yes that’s probably an ignorant statement, but it’s just the way I see it.

With that being said, they obviously have something good going for them, but at these levels I just don’t find it worth it for me.

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