The original recording techniques/room/gear makes at least as much difference as the bit/sample rate. I've heard some 16/44.1 releases that sounded phenomenal, and some 24/192 that were merely good. Of course a well engineered master streamed at 24/192 will probably sound better than a CD.
Streaming vs. CD
Is the digital signal of a server like Tidal of higher quality than that of a CD?