Sweetgreen: Bank On Automation And Health Food Trend
Sweetgreen(SG) Seeking Alpha·2024-07-16 05:21
And yet one name is leading the pack: Sweetgreen (NYSE:SG), the fast-casual salad concept, which has seen its share price surge more than 120% year to date. Sweetgreen's suocess in the stock market this year isn't just an expression of strong business performance, but a bet on the company's future as it automates more of its store fleet with robotics. To me, there are two main factors that make Sweetgreen stand out versus its fast-casual competitors: Investors are very aware of the AI bubble this year, but ...