Chipotle Mexican Grill (NYSE: CMG) is a trailblazer in the restaurant sector, but its stock has dropped 41% from its record high as of Jan. 21. Shares are now selling for under $45. The company plans to report a same-store sales decline for 2025 due to weaker foot traffic among lower-income consumers.

Despite the recent challenges, investors may want to consider buying Chipotle stock. The valuation is more attractive now, with shares trading at a price-to-earnings ratio of 35.9, near a five-year low. Chipotle aims to nearly double its footprint to 7,000 locations in the U.S. and Canada, showcasing potential for growth.

While the market sentiment has shifted negatively, Chipotle still has strong brand recognition and profitability. Patient investors may find value in purchasing the stock while it’s trading below $45. The Motley Fool Stock Advisor team has identified the 10 best stocks to buy now, but Chipotle wasn’t one of them. Their total average return is 949%, outperforming the S&P 500.

Read more at Yahoo Finance: Should You Buy Chipotle Stock While It’s Below $45?