Best Stock to Buy Right Now: Chipotle Mexican Grill vs. Dutch Bros
Chipotle Mexican Grill (NYSE: CMG) and Dutch Bros (NYSE: BROS) are two of the fastest-growing restaurant chains in America. Chipotle carved out its own high-growth niche between cheaper fast food chains and full-service restaurants, while Dutch Bros disrupted traditional coffee chains with its compact drive-thru shops.
Both companies continued to grow even as inflation throttled consumer spending and drove up their labor and commodity costs. Chipotle's stock has rallied about 35% over the past three years, while Dutch Bros' stock has risen 65% since its IPO in September 2021. So which of these expanding restaurant chains is a better investment right now?
Image source: Getty Images.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€49.02
-0.380%
With 76 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 49.02 € the target price of 2370 € shows a potential of 4735.25% for Chipotle Mexican Grill Inc. which would more than double the current price.
