PlannedTrades
Long

TheStreet.com Article

NYSE:SHAK   SHAKE SHACK INC CLASS A
30 0 0
I'm just posting this to track TheStreet             recommendation found in the article below.



Shake Shack             Shares Are a Great Deal at 50% Off
By Brian Sozzi | 08/27/15 - 10:58 AM EDT            
NEW YORK ( TheStreet             ) -- Thanks to the market's summer swoon, investors may have a valuable opportunity to chow down on what was one of the hottest stocks earlier this year.

Since skyrocketing to a 52-week high of $96.75 on May 22, shares of "better-burger" chain Shake Shack             ( SHAK             ) have been cut in half. Trading at $47.68 early on Thursday, the stock is a stone's throw away from the $45.90 closing price when the popular chain first went public on Jan. 30.

The market may already be sniffing out a compelling opportunity: shares rose 6.2% on Wednesday, outperforming the comeback rally in the Dow Jones Industrial Average             and S&P 500             .

Although Shake Shack             shares still trade at an exorbitant P/E multiple -- 158 times estimated forward earnings -- should broader stock market momentum return, so may interest in trading the former high-flying restaurant stock. And there is much for investors to like fundamentally from Shake Shack             to reignite that buying interest, such as hearty sales growth and a bright long-term outlook...

© 1996-2015 TheStreet             , Inc. All Rights Reserved.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden