We also think that the Mexican food chain Chipotle Mexican Grill will be a top stock for 2022. That company has struggled since its food safety issues a few years ago. However, those issues appear to be behind it now, and the company has regained its footing. In the first quarter of 2019, CMG saw sales increase by 19% and earnings per share increase by 16% from last year.
Those numbers were driven by new strategies that the company implemented. For example, CMG has started expanding its menu with new items like avocado-based ice cream and has also been successful at growing its catering business. Additionally, the company has been investing in new technologies, such as mobile ordering and delivery, to provide better customer service. These strategies have helped to turn around Chipotle Mexican Grill’s business, and we think that they will allow it to continue growing over the next few years.