Chipotle is Trouncing McDonald's in This Tasty Metric
Investors have been happy about both (NYSE: CMG) and McDonald's (NYSE: MCD) businesses for most of the past year. The companies had been satisfying Wall Street with their growth figures into early 2024, but investors now have a clear favorite fast-food specialist.
Chipotle's stock is up 40% in 2024 and is sitting near an all-time high. McDonald's is trailing the S 500, meanwhile, having shed 8% in 2024 to date.
The biggest factor driving that performance gap is Chipotle's quality of growth when compared to its larger rival. Sure, both companies are boosting comparable-store sales right now. Yet McDonald's is achieving that growth through higher prices while Chipotle is earning its revenue gains the hard way.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€48.61
-1.920%
With 70 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 48.61 € the target price of 2478 € shows a potential of 4998.24% for Chipotle Mexican Grill Inc. which would more than double the current price.
