2 Fast-Food Stocks That Turned $10,000 Into $160,000
Countless fast-food chain concepts have exited the market in the last fifteen years. It's a brutally competitive industry, after all, characterized by low profit margins and constantly shifting consumer tastes. Even successful burger, pizza, chicken, or Tex-Mex brands tend to produce only modest sales and profit growth amid the constant market share battle.
Investor fortunes can be made in this mature sector, though, even in a short time frame of less than 20 years. An investor who split a $10,000 portfolio equally between Chipotle Mexican Grill (NYSE: CMG) and Domino's (NYSE: DPZ) would have made about 16 times their original allocation by holding those stocks from mid-2006 to mid-2020. A similar investment in the S&P 500 would have yielded just a 150% increase.
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Source Fool.com