This Growth Stock's Valuation Has Gotten So Spicy It Was Time to Sell
I love spicy food, especially hot wings. That might be because I grew up in Western New York and needed that extra heat from the wings to keep warm. My love for hot wings was one of the reasons I bought shares of (NASDAQ: WING).
However, I recently sold my shares of the fast-growing restaurant operator. The main reason was its very spicy valuation.
Wingstop trades at an extremely high valuation multiple compared to other restaurant stocks:
Source Fool.com
