Morgan Stanley recently shocked investors by claiming that Shake Shack stock (NYSE: SHAK) was too expensive. The investment firm claimed that SHAK offered "brand related optimism that is not supported by fundamentals."
We couldn't agree more.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Morgan Stanley recently shocked investors by claiming that Shake Shack stock (NYSE: SHAK) was too expensive. The investment firm claimed that SHAK offered "brand related optimism that is not supported by fundamentals."
We couldn't agree more.
Here are the top two takeaways from Shake Shack's shakeout...
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Morgan Stanley recently shocked investors by claiming that Shake Shack stock (NYSE: SHAK) was too expensive. The investment firm claimed that SHAK offered "brand related optimism that is not supported by fundamentals."
We couldn't agree more.
Here are the top two takeaways from Shake Shack's shakeout...
By Money Morning Member Alert, Money Morning -
Kraft Foods Group Inc (NASDAQ: KRFT) opened at an all-time high Wednesday on the news of its merger with HJ Heinz Company (NYSE: HNZ).
Learn more about the merger of Kraft Foods Group and HJ Heinz Company.