|Bid||74.33 x 800|
|Ask||74.46 x 900|
|Day's Range||73.69 - 74.76|
|52 Week Range||40.67 - 76.49|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||158.14|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Yahoo Finance Editor-in-Chief Andy Serwer sits down with Danny Meyer, founder and CEO of Union Square Hospitality, and founder of Shake Shack.
Shake Shack is opening its first location in Latin America in Mexico City. The menu will feature items in partnership with local retailers like the Oh Ma-Mey, a vanilla frozen custard mixed with mamey, lemon and piloncillo piggy cookie, and Shark Attack, a chocolate frozen custard mixed with chocolate tamale. Shake Shack CEO Randy Garutti joins Yahoo Finance to discuss the details of the announcement, the plant-based protein trend and international growth for the restaurant chain.
Shake Shack founder Danny Meyer thinks that the restaurant industry has changed for the better.
Danny Meyer, CEO of the Union Square Hospitality Group (USHG), said that he approves raising minimum wage to $15 per hour. His sit down with Yahoo Finance comes only days before the House votes gradually raise minimum wage by 2025.
Do relentless trade war and interest rate talk, as well as tied-at-the-hip price swings have your head spinning? If so, it may be time to leave the headlines at the door and nibble on the durable price charts in food stocks like Chipotle (NYSE:CMG), Shake Shack (NYSE:SHAK) and Grubhub (NYSE:GRUB).From rate cut optimism to gloomy "not so fast" worries regarding FOMC policy or even off-the-cuff tweets from POTUS, it's hard not to be concerned about the risks of owning stocks inexorably linked to the uncertain macro political and economic environment. Then there's food stocks CMG, GRUB and SHAK stock.Regardless of a trade war, recession or what have you, people have to eat. And for people who are on the go and demand quality over quantity, fresh food offerings from Chipotle and classic grilled American fare from Shake Shack fit the bill. Also, within our busy lives, having food delivered straight to our doorsteps or workplaces courtesy of Grubhub is another "necessity" for many of us.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Cryptocurrencies to Keep on Your Radar With all of that in mind, let's take a deeper dive into each of these food stocks to determine why they're ideal buys right now. Chipotle (CMG) Click to EnlargeChipotle shares have stormed higher over the past year and a half following a nauseating run of health scares that crashed CMG stock into a deep correction shortly after it notched all-time-highs in late 2015.CMG shares recently broke out of a healthy looking monthly handle consolidation. Now this food stock is attempting to make good on a breakout of its corrective cup-shaped base.CMG Stock StrategyWith the monthly stochastics in overbought territory but flirting with a bullish crossover, CMG stock is a buy today in anticipation of continued price momentum. I'm setting a price target of $1,000 on a rally out of the cup base. To protect against any pattern weakness and downside exposure, setting a stop-loss beneath the handle low at $634 looks like a good policy off and on the price chart. Shake Shack (SHAK) Click to EnlargeSimilar to Chipotle, SHAK stock has put together a monthly cup-shaped corrective base. But unlike CMG, Shake Shack's pattern is just breaking out above 62% Fibonacci resistance associated with its 2015 all-time-high to an all-time-low set in 2017.Given the depth of the correction, clearing of key resistance and bullishly trending monthly stochastics, a challenge of this food stock's high and the $100 level in 2019's second half looks compelling.SHAK Stock Strategy * 7 Best of the Best Fidelity Funds to Buy Buy shares of SHAK today. I'd recommend a blended stop below $64 and peeling off upside exposure as this food stock moves toward $95 - $100. Grubhub (GRUB) Click to EnlargeUnlike the other food stocks I've suggested that you might buy, GRUB stock is just now coming out of a deep correction. With a successful test of the 62% support level and stochastics turning higher from an oversold condition, I'm of the mind this is the beginning of yet another constructive, not destructive base in the making.GRUB Stock StrategyThe monthly chart highlights GRUB's May doji candlestick, which was confirmed as a pivot low last month. With shares only a couple percent above the ideal purchase price of $73.59, this food stock is in a buyable position right now.For containing exposure, I'd set a blended technical and dollar-based stop below $64.25 and size the position accordingly. Likewise, if GRUB stock goes more or less according to plan, taking partial profits in-between $100 - $105 looks appropriate.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Food Stocks to Buy for Fast and Big Profits appeared first on InvestorPlace.
Just over halfway through 2019, the restaurant sector overall is not keeping pace with the S&P 500 (+20%) Russell 2000 (+16.7%), or Russell Microcap (+13.7%) Indexes year-to-date. The "Big Five" (a self-coined term) - consisting of McDonald's (up 21% year to date), Yum Brands (+21%), Darden Restaurants (+25%), Chipotle Mexican Grill (+73%) and Domino's Pizza (+13%) - are up an average of nearly 31%. Chipotle is by far the best performer so far in 2019, and is trading near an all-time high.
Editor's note: This story was previously published in October 2017. It has since been updated and republished.The concern about investing in growth stocks usually comes down to valuation. Stocks with significant growth potential usually have a multiple to match. One way around that problem is to invest in small-cap stocks, where the growth stories may not be quite as well known and the valuations may not be quite as stretched.In some cases, small-cap stocks come with more risk; but in most cases, small caps offer more potential rewards.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Missing copy for url 1. Please edit. * Url 1 is an external link. Please edit.Here are eight small-cap stocks to buy due to significant growth opportunities. Each of these small-cap companies have valuations that lend themselves to significant upside if those opportunities are captured. Source: Citrix Online via Flickr AppFolio (APPF)AppFolio Inc (NASDAQ:APPF) offers the best, and worst, of small-cap growth investing. On the positive side, revenue from AppFolio's software for property managers is growing nicely. The company's total revenue jumped about 40% last yearThe primary concern here is valuation. APPF trades at over 17 tines revenue on an enterprise basis. That's a big number in any market. It's also a notable premium to its closest peer, RealPage Inc (NASDAQ:RP).Still, there's reason to see more upside. AppFolio has turned profitable, and its margins should expand significantly going forward. The company's MyCase software for law offices offers another growth driver for AppFolio sales. Both software products drive exactly the kind of "sticky," recurring revenue investors are looking for in the software space.Again, valuation isn't perfect. But with earnings-per-share likely to clear 75 cents by the end of the decade, it's not quite as extreme as headline multiples would suggest. With AppFolio's growth prospects and potential as a takeout target, there's likely still some room left in the APPF rally.Source: Rob Wall via Flickr (Modified) Chegg Inc (CHGG)Chegg Inc (NYSE:CHGG) has transformed itself over the past few years.What was formerly a company focused largely on a money-losing textbook rental business has become the go-to platform for college students in the U.S. Chegg offers a wide variety of services to students, ranging from tutoring and online study help to eTextbooks and its legacy print textbook rental business (which is now outsourced, providing a major boost to Chegg profits).Like most stocks on this list, CHGG isn't cheap, trading at over 14 times its revenue and a forward price-earnings ratio of about 52. But with the company's earnings per share expected to nearly double this year, there's enough to support a premium valuation.With Chegg increasingly looking dominant in what its CEO Dan Rosensweig has called "winner take most" markets, a takeover looks likely. Amazon.com, Inc. (NASDAQ:AMZN) has tried to attract college students by building out physical bookstores and offering free Prime memberships. Chegg, which reaches the majority of those students, would give the company both an entry into that market and a wealth of valuable data to boot. * 10 Stocks That Should Be Every Young Investor's First Choice Even if Amazon doesn't come calling, Chegg's expanding service offerings and potential to target high school and graduate students suggest years of growth ahead. And even the current, somewhat pricey, valuation doesn't account for all of that potential.Source: Shutterstock Varonis Systems (VRNS)Varonis Systems Inc (NASDAQ:VRNS) has an intriguing growth story. The company develops software for businesses that manages what it calls "unstructured data." That includes everything from emails to spreadsheets to memos.That data is growing exponentially -- and so is the risk it poses. As seen in leaks at Sony Corp (ADR) (NYSE:SNE) and elsewhere, there's a lot of valuable information contained in those files. Varonis protects them from unwanted entry and it organizes them for corporate managers.The importance of unstructured data continues to drive Varonis revenue higher, with the company's 2018 top-line growth expected to come in at about 20%. Sales cycles remain relatively long and intensive, as in many cases Varonis still has to prove the usefulness of the software. That's particularly true for companies who haven't had a data breach … yet. As awareness increases and those cycles shorten, both revenue growth and operating margins will benefit.Meanwhile, VRNS is expected to report a profit for 2019. And yet it trades at a bit over 14 times its trailing-twelve-month revenue, plus cash. That sounds like a big multiple, but it's actually somewhat modest in the SaaS space, particularly given Varonis' growth profile.As sales grow, and that multiple expands, VRNS should continue to climb. Source: Shutterstock Ollie's Bargain Outlet (OLLI)There are very few retail growth stories in the U.S. of any size, particularly in brick-and-mortar retail. But Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) is one to keep an eye on.Ollie's benefits from being in the off-price channel, one of the few areas of retail that has held up well amid the pressure from online retailers like Amazon. And while Ollie's is much smaller than peers TJX Companies Inc (NYSE:TJX) and Ross Stores, Inc. (NASDAQ:ROST), in this case that's a good thing.The company's store expansion plan alone suggests years of growth ahead, with strong same-store sales contributing as well. OLLI isn't necessarily cheap, trading at 33 times analysts' consensus FY19 EPS estimate. * 10 Stocks That Should Be Every Young Investor's First Choice But the company is solidly profitable, has little debt, and has significant whitespace to build out its store count - and revenue. For investors who believe the off-price channel should continue to manage online competition, OLLI is an extremely intriguing choice. Shotspotter (SSTI)Shotspotter Inc (NASDAQ:SSTI) is a classic early-stage growth company. Shotspotter is expected to become profitable for the first time this year.The company's namesake product detects gunfire and notifies law enforcement in real time, making police response more efficient and neighborhoods safer. The product already has been deployed in major cities like Chicago and New York, with seven new cities adopting the software just last month.That growth should continue, as Shotspotter brings on additional municipalities and, eventually, expands internationally as well. Revenue is still relatively small -- just $34 million over the past year -- but a $491 million market cap leaves room for upside. * 10 Stocks That Should Be Every Young Investor's First Choice Continued adoption would make SSTI a likely takeover target for defense companies like Lockheed Martin Corporation (NYSE:LMT) or Northrop Grumman Corporation (NYSE:NOC) or other larger, government-focused suppliers. And with the need for Shotspotter, unfortunately, rising every year, that increased adoption seems likely. Source: Shutterstock LogMeIn (LOGM)Video-conferencing leader LogMeIn Inc (NASDAQ:LOGM) offers a nice combination of growth and value.Trading at just 15 times analysts' consensus EPS estimate, LOGM certainly doesn't look like it's pricing in the huge EPS growth analysts are expecting this year. With video conferencing demand still increasing and top-line growth expected in 2019, LogMeIn should be able to drive double-digit EPS growth for years to come. That in turn suggests a fair amount of upside from current levels.There are some risks, specifically around competition. But from a long-term perspective, LogMeIn still seems to have years of growth in front of it and it's trading at a price worth paying.Source: Mike Mozart via Flickr (modified) Shake Shack (SHAK)Shake Shack Inc (NYSE:SHAK) is growing. Revenue is expected to jump 28% this year. And the company still has plenty of room to expand, and it recently opened its first restaurant in mainland China.SHAK is a bit of a turnaround play, but the Shake Shack story is still playing out. If the company can stabilize same-restaurant sales, location growth alone should drive profits -- and SHAK stock -- higher.Source: Shutterstock iRobot (IRBT)iRobot Corporation (NASDAQ:IRBT) got a bit ahead of itself last year. In April, IRBT stock traded around $60; by late August, the stock had nearly doubled.IRBT then pulled back over 30%, subsequently rebounded back near its former highs, and then dropped again. But the category itself is growing double-digits, and Internet of Things catalysts could further drive product adoption. * 10 Stocks That Should Be Every Young Investor's First Choice IRBT shares aren't necessarily cheap. But at 24 times next year's earnings, IRBT isn't very expensive for a company in a rapidly growing category. With the company capable of driving 20%-plus EPS growth going forward, that multiple isn't very steep.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Should Be Every Young Investor's First Choice * 5 IPO Stocks to Buy -- According to Wall Street Analysts * The Top 10 Best Sectors in the Market for 2019 The post 8 Small-Cap Stocks to Buy for Big-Time Growth Potential appeared first on InvestorPlace.
While this past weekend's G20 meeting held most analyst's attention, certain fast food stocks have been quietly creeping up on all-time highs.
Knowing when to buy growth stocks is a fine skill. Starbucks' breakout in 2010 and Shake Shack in 2018 show how to use the pyramiding technique.
Fast-casual is a subset of the restaurant industry that sits somewhere between fast-food and fine dining, and the concept has caught on with the American public.
IBD Stock Of The Day: With earnings strong and sales growth accelerating, Chipotle is near a buy point after a 70% run in 2019. McDonald's and Shake Shack are acting well.
Credit Suisse’s “outperform” rating for Shake Shack (SHAK) appears to have increased investors’ confidence. The stock was trading ~2.0% higher in early morning trade on June 25.
On June 25, Credit Suisse initiated its coverage on Shake Shack with an “outperform” rating and a target price of $77—an upside potential of 15.4% from its closing price of $66.72 on June 24.
Shake Shack (NYSE:SHAK) is rolling out a 4-day work week in some of its locations as the company hopes to become a more humanist workplace that caters to the needs of its workers in an industry that often leads to employees being overworked.The burger joint announced that it has already begun testing the 4-day work week for its restaurant workers in several of its Las Vegas locations, and it has now expanded the move to some of its restaurants on the West Coast, according to a statement from CEO Randy Garutti.The Shake Shack 4-day work week will not be cheap as it is likely to add a higher cost burden to the company, but Garutti says the move is the right thing to do as restaurant workers with families often sacrifice their time and health to complete their jobs. "I have been working in restaurants since I was 13, the restaurant business is super hard on families as our people work a lot of hours," the company boss explains.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Why does it have to be that way is the question we have asked. We don't know if it will work, it's something we are testing at our West Coast shacks," he adds. "We want to see if we can attract, retain and develop more people by changing how we think about how the restaurant business works."SHAK stock is down 0.8% today. More From InvestorPlace * 7 Value Stocks to Buy for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 Compare Brokers The post Shake Shack 4-Day Work Week: How It Works appeared first on InvestorPlace.
, Burger King and A&W, who have all introduced plant-based protein, meat-less burgers, the company's CEO said on Friday. "We have no intention of doing it today," Shake Shack CEO Randy Garutti told CNBC's "Squawk Box " on Friday. "Shake Shack was built on doing classic things better than other people did them, so let's watch a little bit," Garutti said.
New York-based burger chain has been on a roll with its Houston expansion plans since entering the market in 2016.