Better Stock Right Now: Chipotle Mexican Grill vs. Starbucks
Chipotle Mexican Grill (NYSE: CMG) and Starbucks (NASDAQ: SBUX) are two of the most successful restaurant chains ever. Their stocks have both delivered incredible value for shareholders over many years, but the companies are in very different places today.
Ever since CEO Brian Niccol took the reins in 2018, Chipotle has been on a nonstop ride higher. That's higher sales, profits, and stock prices. It has weathered the same economic conditions that have hurt many other restaurants, and has demonstrated resilience time and time again.
The fast-casual restaurant chain has a hard-to-replicate model that targets more affluent clientele with moderately priced fare. Customers love its fresh and healthy food, and it innovates consistently with new menu items to stay relevant.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
The stock is one of the favorites of our community with 70 Buy predictions and 1 Sell predictions.
With a target price of 2478 € there is potential for a 5300.46% increase which would mean more than doubling the current price of 45.89 € for Chipotle Mexican Grill Inc..
