Chipotle Is Incredible, but This Restaurant Stock Is Better

By Travis Hoium – Apr 30, 2024 at 5:30AM

NYSE: CMG

Chipotle Mexican Grill

Market Cap

$86B

Today's Change

(-0.71%) -$22.42

Current Price

$3,145.88

Price as of May 16, 2024, 4:00 p.m. ET

Chipotle's growth has been driven by adding more restaurants and growing sales per restaurant, but there's a company growing even faster.

Chipotle's (CMG -0.71%) first-quarter 2024 results showed a company continuing to operate very efficiently in the food business. But the stock is expensive, and there's a cheaper company with even more impressive results. Travis Hoium covers both in this video.

*Stock prices used were end-of-day prices of April 26, 2024. The video was published on April 28, 2024.

Travis Hoium has positions in Portillo's. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.