Cramer says it might be time to start building a position in Sweetgreen
Sweetgreen(SG) CNBC·2024-08-20 22:37
CNBC's Jim Cramer told investors it could be wise to start buying stock of Sweetgreen, a salad chain that has been the best-performing restaurant company on the Russell 3000, according to FactSet. The stock took a dip on Tuesday after a downgrade from Piper Sandler. But Cramer wasn't deterred, saying thye report was part of a broader bearish outlook on the fast casual dining space. And despite the downgrade, the firm said its long-term outlook on the stock "remains bright." "If Sweetgreen stock keeps gettin ...