Dr. Strangerally
Is there great news today that caused Chipotle (CMG) to rally 17 points? Better same-store sales? A new restaurant concept that hit it out of the park? Maybe a return to the growth it had before the slowdown hit?
Nah, what happened is that Lululemon (LULU) reported a terrific number, causing that stock to leap six points and to close in on a new high. What mattered is that Ulta Salon (ULTA), the fastest-growing name in beauty, delivered again, with a dynamite quarter and a very nice guide up. What helped propel Chipotle is an upgrade in Priceline.com (PCLN) over at Nomura that moved that stock that has caused CMG to roar 17 points higher....441 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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