Best Stock to Buy Right Now: Chipotle vs. Starbucks
Chipotle Mexican Grill (NYSE: CMG) and Starbucks (NASDAQ: SBUX) recently saw their stocks go in opposite directions. On Aug. 13, Chipotle announced that its CEO, Brian Niccol -- who had led the fast-casual restaurant's impressive turnaround over the past six years -- would depart at the end of the month to become the new CEO of Starbucks.
Chipotle's stock has declined 6% since then, and Starbucks' stock surged 23%. That price action suggests investors expect Chipotle to struggle without its star CEO, but they're also hopeful he can revive Starbucks' growth. Should investors chase Starbucks and sell Chipotle? Or should investors stick with Chipotle and avoid Starbucks' hype-driven rally?
Image source: Getty Images.
Source Fool.com
Starbucks Corp. Aktie
84,00 €
0,91 %
Starbucks Corp. erfreut sich großer Beliebtheit, mit einer hohen Zahl an Buy- und niedriger Zahl an Sell-Einschätzungen.
Bei einem Kursziel von 93 € ergibt sich ein leicht positives Potenzial von 10.71% im Vergleich zum aktuellen Kurs von 84.0 € für Starbucks Corp..
