|Bid||2,190.00 x 800|
|Ask||2,260.00 x 800|
|Day's range||2,236.00 - 2,236.95|
|52-week range||1,344.05 - 2,239.73|
|Beta (5Y monthly)||1.33|
|PE ratio (TTM)||52.98|
|Earnings date||05 Feb 2024 - 09 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2,200.73|
With the S&P 500 and the Nasdaq Composite Index having risen by double-digit figures in 2023, some investors might be thinking that things are starting to get a bit frothy in the market from a valuation perspective. Let's take a closer look at Apple (NASDAQ: AAPL), Chipotle Mexican Grill (NYSE: CMG), and Tesla (NASDAQ: TSLA), stocks that have crushed the market in 2023. Apple shares have climbed 45% this year, a gain that is fully attributable to its price-to-earnings (P/E) multiple expansion.
Fads come and go in the fast-food world, but people always seem to return to McDonald's (NYSE: MCD) when hunger strikes. One hallmark of a successful business is that it can gain market share in just about any selling environment. Comparable-store sales were up 9% this past quarter, beating Chipotle and its 5% boost.
The market volatility over the last few years has left many familiar brands trading at low share prices. Let's see why three Motley Fool contributors believe these stocks are timely buys. Initial public offering (IPO) stocks often take off quickly, especially if there's hype, and it's a fast-growing company.