Wall Street Bullish on Chipotle and DigitalOcean as August Rally Looms

The S&P 500's historical August average gain of 0.6% since 1928 sets the stage for potential opportunities. Chipotle Mexican Grill and DigitalOcean emerge as standout picks, with median price targets implying 38% and 40% upside respectively.

Chipotle's recent 9% selloff following disappointing Q2 results—including a 4% same-store sales decline—contrasts sharply with Wall Street's conviction. DigitalOcean's cloud infrastructure play continues attracting analyst Optimism despite broader market volatility.

Both stocks remain accessible at under $100 per share, offering retail investors Leveraged exposure to consumer discretionary and tech sectors. The divergence between near-term performance and long-term price targets highlights the market's selective appetite for growth stories.