Jon Quast

That makes it very hard to count it out.

It's still earned $1.5 billion in net income over the past year.

It has $1.8 billion in cash and investments, no debt other than its lease liability.

It's still in a great position that it can pivot the business as it needs to, and it can still give cash back to shareholders.

I'd be very hesitant to say Chipotle's best days are over.

Well, price does matter, in particular, the bigger that the company gets and the lower the long-term growth prospects become.

Absolutely.

To quote the great Warren Buffett, growth is a component of value.

If you're going to calculate what is a good valuation for a company, you need to also be able to calculate what are the realistic growth prospects.

When you have a small company, yeah, growth is going to be a lot easier than a large company looking to do the same thing.

Absolutely.

When you have a dividend king, such as Target, having an all-time high dividend yield of about 5%, the market is saying, we don't buy this.

We do not believe that this company is going to continue to grow profits and continue to increase that dividend.

The market, a high percentage of investors are doubting

that potential.

I'm going to disagree kindly with Rachel here, because I think that the problem here is, it almost sounds like they are doubling down on what's not working.

When I hear about remodel, when I hear about private label, which they already have private label, it's not like they're launching a new private label.

This is doubling down on what's not working.

When you promote the COO to the CEO,

doubling down on it.