From Yahoo Finance: 2025-05-12 15:30:00

The National Restaurant Association reported that U.S. restaurant sales hit a record high of $1.1 trillion in 2024, with a projected workforce increase of 200,000 jobs. Despite challenges like inflation and labor shortages, restaurants are adapting to meet customer demands. Sales are expected to exceed $1.5 trillion in 2025, with strong customer demand for dining experiences.

Shake Shack Inc. (NYSE:SHAK) ranks 8th on the list of the 12 Best Restaurant Stocks to Buy According to Hedge Funds. The company reported strong first-quarter results, with total revenue of $320.9 million and a restaurant-level profit margin of 20.7%. Strategic efforts to expand and innovate have shown positive results, with BofA increasing the price estimate for SHAK.

While Shake Shack Inc. shows promise as an investment, AI stocks may offer higher returns in a shorter time frame. Consider exploring AI stocks that have shown significant growth potential. Check out the report on the cheapest AI stock with massive upside potential for a promising investment opportunity. For more insights on top-performing stocks, explore the 20 Best AI Stocks to Buy Now and 30 Best Stocks to Buy Now According to Billionaires.



Read more at Yahoo Finance: Among the Best Restaurant Stocks to Buy According to Hedge Funds