A slew of closely watched companies are set to report earnings this week, and a few are being eyed as big potential movers.
"This is a company that's seen increasing traffic. It's also seen increasing operating efficiency so that's driving revenues up, it's driving costs down," Sanchez said Friday on CNBC's "Power Lunch."
She said although business at restaurants might be faltering, the company stands out as a competitor because of its affordability and sustainability. Chipotle shares are up almost 10 percent for the quarter.
Analysts also remain bullish on the name, with an average price target of $725.