Nvidia Corp. (NASDAQ:NVDA) has seen its stock soar as exposure to the thriving artificial intelligence technology sector has bolstered its fundamentals, drawing investor enthusiasm. But another stock belonging to the consumer discretionary sector could beat Nvidia in terms of its expensiveness, an investment advisor said on Friday.
What Happened: Chipotle Mexican Grill, Inc. (NYSE:CMG), a chain of fast casual restaurants, commands a higher forward price-earnings multiple than Nvidia, said Ram Ahluwalia, founder of Lumida Wealth, an investment advisor focusing on alternative investments and digital assets, on X, formerly Twitter. According to data provided by Yahoo Finance, Chipotle's forward P/E is 59.52 compared to Nvidia's 36.36.
The P/E ratio is a measure of the value of the stock vis-a-vis the company's earnings and forward P/E ratio takes into account future earnings potential. A higher P/E ratio suggests either the stock is very expensive or investors expect higher growth rates from the company.
Ahluwalia said Chipotle stock could be "riding on the momentum that may be at exhaustion." "Good time to take profits," he added while stating that he doesn't hold any Chipotle stock.
"If you know what to buy, when to buy, when to sell, and how much to buy (position size) you've got it all figured out. Easier said than done. People don't talk enough about 'when to sell.' This is one of those moments," Ahluwalia said.
He clarified that the Chipotle business was thriving and not in decline.
"It is time to sell though," he said.
Why It's Important: Chipotle reported last week first-quarter results that came in ahead of expectations as the burrito chain defied inflationary pressure and managed to see an increase in foot traffic. Despite rising menu prices, the company reported an increase in transactions.
The company also raised its sales guidance for the year.
Chipotle's board approved a 50-for-1 stock split in March. If shareholders approve the split at the annual shareholders meeting scheduled for June 6, the stock will begin trading on a split-adjusted basis on June 26.
The average analysts' price target for Chipotle, according to TipRanks, is $3,206.07, suggesting merely 0.60% upside from current levels.
Chipotle ended Friday's session up 2.41% at $3,186.97, according to Benzinga Pro data.
英伟达公司（纳斯达克股票代码：NVDA）的股票飙升，原因是蓬勃发展的人工智能技术行业的敞口提振了其基本面，吸引了投资者的热情。但是，一位投资顾问周五表示，另一只属于非必需消费品板块的股票在昂贵性方面可能会击败英伟达。
发生了什么：专注于另类投资和数字资产的投资顾问Lumida Wealth的创始人拉姆·阿卢瓦利亚在X（前身为Twitter）上表示，连锁快餐休闲餐厅Chipotle Mexico Grill公司（纽约证券交易所代码：CMG）的远期市盈倍数高于英伟达。根据雅虎财经提供的数据，Chipotle的远期市盈率为59.52，而英伟达的远期市盈率为36.36。
市盈率是衡量股票价值与公司收益的指标，远期市盈率考虑了未来的盈利潜力。较高的市盈率表明要么股票非常昂贵，要么投资者预计该公司的增长率会更高。
Ahluwalia表示，Chipotle的股票可能 “借助可能已耗尽的势头”。“获利的好时机，” 他补充说，他没有持有任何Chipotle股票。
“如果你知道该买什么，什么时候买，什么时候卖出，买多少（头寸规模），你就知道了。说起来容易做起来难。人们对 “何时出售” 的讨论还不够。这是其中一个时刻，” 阿卢瓦利亚说。
他澄清说，Chipotle的业务正在蓬勃发展，而不是衰退。
他说：“但是现在是出售的时候了。”
为何重要：Chipotle上周公布的第一季度业绩超出了预期，原因是这家卷饼连锁店克服了通货膨胀压力，设法实现了客流量增加。尽管菜单价格上涨，但该公司报告交易量有所增加。
该公司还提高了今年的销售预期。
Chipotle董事会在三月份批准了50比1的股票分割。如果股东在定于6月6日举行的年度股东大会上批准拆分，则该股票将于6月26日开始按拆分调整后的基础上交易。
根据TipRanks的数据，分析师对Chipotle的平均目标股价为3,206.07美元，表明仅比当前水平上涨0.60％。
根据Benzinga Pro的数据，Chipotle周五收盘上涨2.41％，至3,186.97美元。
