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Chipotle Could Maintain Over 20% Annual Returns
kafaca/iStock via Getty Images Introduction Generally speaking, I am not a big fan of restaurant stocks, which explains why I have never discussed Chipotle Mexican Grill (NYSE:CMG) on Seeking Alpha or anywhere else. What has kept me from buying restaurant stocks is my focus on wide-moat businesses. More often than not, restaurants are exposed to severe competition on top of the usual economic risks like consumer health and input inflation. According to BinWise (emphasis added):    Approximately 60% of r ...