Earlier this week on Fox Business, Stuart Varney grilled Shah about which stocks he would buy – and which ones he won’t touch.
Chipotle Mexican Grill Inc. (NYSE: CMG) is one company Shah says he’ll happily avoid. The stock, he says, is hugely overpriced, and increasing difficulties sourcing its organic products will create financial problems for the company. In line with his thinking, Chipotle’s stock price is fading – and Shah’s glad neither he nor his subscribers are shareholders.
Tune in to the video below to find out whether Shah is or isn’t buying Netflix Inc. (Nasdaq: NFLX) as well as several other big names.