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Stock impact report

Jim Cramer Says “I Think That You Buy Shake Shack at $79 a Share” [Yahoo! Finance]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
“Okay, this is such a great question. Now, you have to understand that Rob Lynch is doing a remarkable job, and he's a great CEO. Here's the problem: this stock is trading with the price of beef and cattle, went up and up and up. I think the president's going to try to bring cattle down. I think that means you buy Shake Shack. I think it doesn't matter where a stock comes from, it matters where it's going to. I would never bet against Rob Lynch. I think that you buy Shake Shack at $79 a share.” A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels Shake Shack Inc. (NYSE:SHAK) operates and licenses a chain of restaurants that serve burgers, chicken, hot dogs, fries, shakes, frozen custard, and beverages. Cramer highlighted the company's top and bottom-line beat during the October 30 episode, as he commented: “Is the Shack back? Over the past few months, we've seen some big pullbacks in the restaurant space, i Show less Read more
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