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
The stock is one of the favorites of our community with 57 Buy predictions and 1 Sell predictions.
With a target price of 3082 € there is a slightly positive potential of 4.3% for Chipotle Mexican Grill Inc. compared to the current price of 2955.0 €.