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Is Shake Shack Stock a Buy?

TheMotleyFool

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With many stocks down 50%, 60%, or even 70% down from all-time highs amid the current market downturn, some might think of loading up on the stocks of their favorite companies. Certainly, many consumers love the burgers, shakes, and chicken bites from their local Shake Shack (NYSE: SHAK).

Shake Shack has been absolutely mauled by the recent downturn, with the stock down about 60% from the all-time highs set back in September. However, for those thinking of bottom-fishing, just because a stock is down that much doesn't necessarily mean it's a buy.

So should investors look to scoop up some Shack on the pullback, or are the burgers and fries still too hot to handle at these prices?

Source Fool.com

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