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 0.53%) 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 +0.87%) 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.
