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Here's where McDonald's is beating Chipotle


McDonald's is starting to look like the restaurant world's comeback kid.

Just six months ago, McDonald's (MCD) looked like it was in free fall, with sales and traffic declining around the globe. America had already traded up to Chipotle (CMG) and Shake Shack (SHAK).

But now there are signs that a slew of changes made by McDonald's CEO Steve Easterbrook may have stopped the bleeding.

The boldest move was the recent launch of all-day breakfast, a dramatic shift aimed at juicing sales by luring in customers who love Egg McMuffins no matter the time of day. McDonald's has also tried to counter Chipotle by improving food quality. It plans to cut back on chicken raised on antibiotics and has promised cage-free birds within 10 years.

Wall Street is betting that these are winning moves at McDonald's.

McDonald's vs. Chipotle

McDonald's shares have jumped 11% this year. Just last week the stock hit its first new record high in two-and-a-half years.

Not only are McDonald's shares beating the stock market, they're besting rivals Wendy's (WEN), Chipotle and Burger King owner Restaurant Brands International (QSR), at least this...