Better Buy: Chipotle vs. Starbucks
Most investors are familiar with Chipotle Mexican Grill (NYSE: CMG) and Starbucks (NASDAQ: SBUX) as both businesses are frequent consumer destinations. Tex-Mex chain Chipotle has seen its shares rise 53% through the first six months of 2023. Coffeehouse giant Starbucks, on the other hand, is trading at the same levels as where it started out the year.
Chipotle and Starbucks are two of the best restaurant companies out there. But which stock is the better buy right now? Let's find out.
It's hard to find reasons not to like the fast-casual leader, Chipotle. The company's growth has been great. Between 2017 and 2022, revenue increased at a compound annual rate of 14%. And even during 2020, a year that was otherwise catastrophic for the restaurant sector, the company's sales jumped 7.1%.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
The stock is one of the favorites of our community with 77 Buy predictions and 1 Sell predictions.
With a target price of 2357 € there is potential for a 4762.3% increase which would mean more than doubling the current price of 48.48 € for Chipotle Mexican Grill Inc..
