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.
英偉達公司（納斯達克股票代碼：NVDA）的股票飆升，原因是蓬勃發展的人工智能技術行業的敞口提振了其基本面，吸引了投資者的熱情。但是，一位投資顧問週五表示，另一隻屬於非必需消費品板塊的股票在昂貴性方面可能會擊敗英偉達。
發生了什麼：專注於另類投資和數字資產的投資顧問Lumida Wealth的創始人拉姆·阿盧瓦利亞在X（前身爲Twitter）上表示，連鎖快餐休閒餐廳Chipotle Mexico Grill公司（紐約證券交易所代碼：CMG）的遠期市盈倍數高於英偉達。根據雅虎財經提供的數據，Chipotle的遠期市盈率爲59.52，而英偉達的遠期市盈率爲36.36。
市盈率是衡量股票價值與公司收益的指標，遠期市盈率考慮了未來的盈利潛力。較高的市盈率表明要麼股票非常昂貴，要麼投資者預計該公司的增長率會更高。
Ahluwalia表示，Chipotle的股票可能 “藉助可能已耗盡的勢頭”。“獲利的好時機，” 他補充說，他沒有持有任何Chipotle股票。
“如果你知道該買什麼，什麼時候買，什麼時候賣出，買多少（頭寸規模），你就知道了。說起來容易做起來難。人們對 “何時出售” 的討論還不夠。這是其中一個時刻，” 阿盧瓦利亞說。
他澄清說，Chipotle的業務正在蓬勃發展，而不是衰退。
他說：“但是現在是出售的時候了。”
爲何重要：Chipotle上週公佈的第一季度業績超出了預期，原因是這家捲餅連鎖店克服了通貨膨脹壓力，設法實現了客流量增加。儘管菜單價格上漲，但該公司報告交易量有所增加。
該公司還提高了今年的銷售預期。
Chipotle董事會在三月份批准了50比1的股票分割。如果股東在定於6月6日舉行的年度股東大會上批准拆分，則該股票將於6月26日開始按拆分調整後的基礎上交易。
根據TipRanks的數據，分析師對Chipotle的平均目標股價爲3,206.07美元，表明僅比當前水平上漲0.60％。
根據Benzinga Pro的數據，Chipotle週五收盤上漲2.41％，至3,186.97美元。
