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Shake Shack


Living in a city like Manhattan everybody knows shake shack. But when you get into more suburban areas of America people have no idea what it is. After the first bite I became a fan, the food was incredible. If you try to get shack shack for lunch anywhere expect a line, unless you mobile order and pickup in store. This company is valued at less than one billion dollars while mcdonalds is valued at over 122 billion dollars. Shake shack has become the millennials McDonald's. Shake shack's food quality standards far exceeds McDonald's menu. Currently shake shack has 129 stores with tons of growth in the high quality casual dining space. While McDonald's operates over 36,000 stores globally today. I see nothing but growth for shake shack in the coming decade as consumer food trends continue to lean in this direction over the traditional McDonald's. 

Shake Shack can easily double its footprint if not triple over the next several years. This brand is here to stay we have a Buy rating and a target price of $47 on the SHAK


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