Portillo’s (NASDAQ: PTLO) added Chipotle (NYSE: CMG) veteran Jack Hartung to its board of directors last week, and the stock got a nice bounce. In this video, Travis Hoium explains why Hartung could help Portillo’s optimize operations and expansion as it enters its new growth phase.
*Stock prices used were end-of-day prices of Jan. 12, 2025. The video was published on Jan. 13, 2025.
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Travis Hoium has positions in Portillo’s. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends the following options: short December 2024 $54 puts on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
