Looking for the Next Chipotle? This Fast-Growing Restaurant Stock Could Be It (Hint: It's not Cava.)
Chipotle Mexican Grill (NYSE: CMG) has arguably had a greater influence on the restaurant industry than any other business this century. The company essentially invented the fast-casual concept or the idea that food can be served quickly but still be high-quality and made using traditional cooking techniques.
Chipotle's success has spawned a raft of imitators, but no one has managed to match the popularity of the burrito roller. Even Chipotle's multiple attempts to create a sister chain have failed, showing how much of a challenge starting a new restaurant concept can be.
After the stock has jumped more than 4,000% since its 2006 initial public offering (IPO), it's no surprise that investors are still hoping to find the next Chipotle. With the recent IPO of Cava (NYSE: CAVA), some investors believe the Mediterranean fast-casual chain could follow in Chipotle's footsteps, but there's another restaurant stock investors should take a look at. That's Kura Sushi (NASDAQ: KRUS).
Source Fool.com
Chipotle Mexican Grill Inc. Aktie
Die Community bevorzugt klar Chipotle Mexican Grill Inc. mit vielen Buy- und nur wenigen Sell-Einschätzungen.
Mit einem Kursziel von 2370 € für Chipotle Mexican Grill Inc. zeigt sich ein beachtliches Wachstumspotenzial gegenüber dem aktuellen Kurs von 52.76 €.
