In the battle of burritos versus burgers, there can be only one winner. Miller Tabak's Matt Maley and BK Asset Management's Boris Schlossberg debate whether it will be McDonald's or Chipotle.
"Chipotle looks much more compelling on the chart," Maley said on CNBC's "" on Monday. "Look at Chipotle — it broke above its old highs earlier in the year and that old resistance level has become new support."
"It's got right back down to that support level, so if it breaks below it's going to be somewhat negative," he added. "However, if you look on a longer-term basis going back a couple of years, it's still well above its any kind of multiyear trend line so a breakdown here would not be the end of the world.""However, McDonald's is much different. It's very similar in that it broke to new highs this year. It rolled back over.
McDonald's has one ace up its sleeve that could propel transformational growth over the long term, though, according to"McDonald's is really underestimated in its possibility for alternative meat, especially in outside markets like India where that growth could be tremendous. I don't think there's any fast-food company positioned better to take advantage of that trend," Schlossberg said during the same segment.
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