Chipotle's Easy Win

By Chris Hill – Jun 18, 2013 at 6:00PM

NYSE: CMG

Chipotle Mexican Grill

Market Cap

$85B

Today's Change

(6.33%) $185.21

Current Price

$3,111.97

Price as of April 25, 2024, 4:00 p.m. ET

When the competition starts closing stores, that can only be good news for Chipotle.

The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Charly Travers dissect the hardest-hitting investing stories of the day.

Parent company Jack In The Box (JACK -0.70%) announced it is closing 20% of the Qdoba Mexican Grill locations it owns. While shares of Jack In The Box are up on the news, the news has some investors wondering if even more Qdobas should close their doors for good. Meanwhile, shares of Chipotle (CMG 6.33%) rise by virtue of the fact that there is less competition for hungry consumers. Is this a short-term blip while Qdoba retools or part of a long-term trend that will only strengthen Chipotle's competitive advantages? In this installment of Investor Beat, Jason and Charly discuss the competitive landscape and share why they believe Chipotle has even more room to run.

The relevant video segment can be found between 0:17 and 1:50.

Charly Travers has no position in any stocks mentioned. Chris Hill and Jason Moser own shares of Chipotle Mexican Grill. The Motley Fool recommends and owns shares of Chipotle Mexican Grill. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.