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LibertarianTree (< 20)

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Is Shake Shack (NYSE: SHAK) a Buy?

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March 12, 2015 – Comments (0) | RELATED TICKERS: SHAK

I must admit, even I was blown away by how high Shake Shack (NYSE: SHAK) catapulted on its debut back in January.

Prior to the IPO, I actually shared my enthusiasm over SHAK, but warned investors to hold off on picking up shares until Q4 numbers came in.

The company's got a good thing going, but it's also embarking on a very aggressive growth strategy that will likely limit its ability to deliver stellar results in the near-term.

Yesterday afternoon, we got a look at those Q4 numbers.

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