Market Overview

Fast Money Traders Share Their Opinions On El Pollo LoCo

What To Expect From Chipotle's Earnings In 6 Charts
IPO Outlook: Shake Shack IPO Set To Wrap Up Busy Week
Initiating Coverage On El Pollo Loco With $33 Fair Value (Seeking Alpha)

CNBC Fast Money's Mike Murphy said on the show that he doesn't want to buy El Pollo LoCo Holdings (NASDAQ: LOCO) because he believes that this stock is definitely not the next Chipotle Mexican Grill (NYSE: CMG).

Jon Najarian said that the stock might make another attempt at $40. He thinks that the growth is ahead of this company, but he wants to wait for the stock to settle.

Josh Brown doesn't have a position in El Pollo LoCo and he believes that it would not be a good idea to own the stock ahead of earnings. He would like to see the company disappointing on earnings and then he would consider buying. It is not clear how much will the expansion cost the company, Josh Brown added. He thinks that high short interest is not a guarantee for a move higher.

Posted-In: Jon Najarian Josh Brown Mike MurphyCNBC Fast Money Media


Related Articles (CMG + LOCO)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→