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re: Should I sell or hold Chipotle (CMG)

Posted on 5/6/24 at 6:09 pm to
Posted by Roscoe14
Member since Jul 2021
180 posts
Posted on 5/6/24 at 6:09 pm to
quote:

Would you buy more right now at this price if you had the cash to do so?


I might if I were younger. At this point I am trying to reduce the percentage of large caps in my portfolio in favor of more fixed income. I guess what I am saying here is that I am looking for large caps to dump and am wondering whether CMG is a good candidate due to external factors.
This post was edited on 5/6/24 at 6:44 pm
Posted by Jag_Warrior
Virginia
Member since May 2015
4129 posts
Posted on 5/6/24 at 9:38 pm to
If you have a price target(s) in mind where you’d be content to part with CMG, you could sell covered calls at that strike, or laddered strikes, against all or part of your position.
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