Better Buy: Disney vs. Chipotle
Comparing Disney (NYSE: DIS) and Chipotle Mexican Grill (NYSE: CMG) might seem like comparing apples and oranges, but from an investment perspective, it doesn't make a difference. I consider both Disney and its industry to be the better values.
These two businesses operate in very different categories: Disney entertains; Chipotle feeds. In the short term, the shutdown of Disney's theme parks might seem to give Chipotle a distinct advantage, but both have felt the pain.
Right now, Disney is looking at a "phased reopening" beginning July 11. A straight-line return to previous attendance won't be possible, because park capacity will be controlled in order to enable better social distancing, and reduced capacity means reduced dollars. On top of that, how many people will want to go to a crowded theme park after what just happened -- and is still happening -- due to COVID-19?
Source Fool.com
