These 2 Stocks Have Excellent Momentum. Which Is a Better Buy?
McDonald's (NYSE: MCD) and Chipotle Mexican Grill (NYSE: CMG) are both experiencing robust revenue growth as the economic reopening gains momentum. The two suffered when governments restricted in-person dining in the earlier stages of the outbreak. As billions of folks have vaccinated against COVID-19, they are unleashing pent-up demand to eat out.
Given their excellent performance, investors might look at McDonald's and Chipotle to determine which is the better stock to buy now. To answer that question, let's look at their results, compare valuations, and pick the better stock to buy.
In its most recent quarter, which ended on June 30, Chipotle reported a revenue increase of 17%. Comparable store sales, which only counts stores open for at least 12 months, increased by 10%. Chipotle also added 42 new restaurants in the quarter.
Source Fool.com
