Jim Cramer Weighed in on Shake Shack in Light of Rising Food Costs

Shake Shack Inc. (NYSE:SHAK) is one of the stocks Jim Cramer put under the spotlight. Cramer discussed the company in light of the current state of the consumers. He commented: “Today, we got a lot of research about how the consumer’s in terrible shape. I saw notes about how Shake Shack and Papa John’s may be too expensive for some people. I’ve been a big fan of Shake Shack stock. I was surprised to learn that customers are being hurt by the price of beef in a softer economy.” Stock market reports prin ...