Shake Shack ! America Is In Love With Their Hamburger + FriesShake Shack, a New York hamburger and french fry establishment,
with lines constantly out the door and even down the street for lunch/dinner
blew out earnings expectations this past week
and the stock experienced a major upside breakout to new all time highs.
When a stock is outperforming the market like SHAK did this past week,
and breaking out to all time highs then you really want to own it,
because the upside potential is potentially unlimited.
I owned Shake Shack previously in the $ 30 range,
and saw it rise to above $60 a share, a 100 % return on investment
So I sold it. Feeling a Double was worth taking off the table.
But wait.
Now SHAK has risen yet another almost $30, in 2018-2019 to $88.73 a share today.
If you live near one of their locations in New York
stop in if you can get in,and try one of their hamburger and fries
Unlike the fake meat craze going on now, this is real beef
made so deliciously that you'll kick yourself for waiting so long.
I hate to go out on a limb, because as the World War 2 saying goes," loose lips sinks ships.
However, Shake Shacks stock will be soon trading above $100 a share in my estimation.
Did you hear that.with a target of $120 a share.
.
If can't have one of their "to die for hamburgers",this weekend
then go out and buy the stock instead next week.
You'll be very glad you did.
SHAK Last 88.73
THE_UNWIND
8/9/19
NEW YORK
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