10 Best Stocks to Buy While the Market Is Down

​8. Chipotle Mexican Grill, Inc. (NYSE:CMG)

Analyst Upside Potential: 22.80%

Number of Hedge Fund Holders: 77

​Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the Best Stocks to Buy While the Market Is Down.

​The Street has a bullish sentiment on Chipotle Mexican Grill, Inc. (NYSE:CMG) as 67% of the 42 analysts covering the stock have a Buy rating on the stock. Moreover, the average 12-month price target on the stock suggests more than 22% upside from the current level.

​Recently, on April 17, RBC Capital lowered the firm’s price target on the stock from $50 to $45, while maintaining a Buy rating on the shares. The rating comes ahead of the company’s FQ1 2026 earnings, expected to be released on April 29. RBC expects the same-store sales to beat the consensus estimates slightly. The optimism for the sales beat is based on an easier year-over-year comparison as consumer traffic declined in February 2025.

​Moreover, the firm expects the company to reiterate flat same-store-sales guidance for fiscal 2026, mainly due to macroeconomic uncertainties from consumer spending pressures. However, RBC sees room for improvement as the conditions get better later in the year.

​Chipotle Mexican Grill, Inc. (NYSE:CMG) is a global fast-casual restaurant chain known for customizable burritos, tacos, bowls, and salads, emphasizing high-quality, responsibly sourced ingredients and classic cooking methods, operating over 3,900 locations by late 2025.