2024-07-31 04:10:00 ET
Chipotle Mexican Grill (NYSE: CMG) and Dutch Bros (NYSE: BROS) are two of the fastest-growing restaurant chains in America. Chipotle carved out its own high-growth niche between cheaper fast food chains and full-service restaurants, while Dutch Bros disrupted traditional coffee chains with its compact drive-thru shops.
Both companies continued to grow even as inflation throttled consumer spending and drove up their labor and commodity costs. Chipotle's stock has rallied about 35% over the past three years, while Dutch Bros' stock has risen 65% since its IPO in September 2021. So which of these expanding restaurant chains is a better investment right now?
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Best Stock to Buy Right Now: Chipotle Mexican Grill vs. Dutch Bros