Sweetgreen Stock Has Doubled in Only a Month. But This Other Under-the-Radar Restaurant Is a Much Better Buy Today.
Sweetgreen(SG) The Motley Fool·2024-04-05 12:12
Are investors hyped for the wrong "salad stock"?In the first quarter of 2024, restaurant company Sweetgreen (SG -1.15%) was among the stock market's top performers. As of this writing, shares of the salad-centric chain are up 115% year to date and have doubled in only the past month. It's a nice reprieve for shareholders, considering Sweetgreen stock has largely trended downwards since it went public in 2021.Sweetgreen stock started skyrocketing for fundamental reasons, which is good. On Feb. 29, the compan ...