Jim Cramer recently discussed Sweetgreen, Inc. (NYSE:SG), a fast casual restaurant chain. Despite struggles with demand and same-store sales dropping by 7.5%, the firm is aiming to expand automated kitchen operations. Shares have plummeted by 73% year-to-date. Cramer expressed doubts about the firm’s turnaround potential in his recent comments.
While Sweetgreen, Inc. (NYSE:SG) shows investment potential, other AI stocks may offer higher returns with limited downside risk. For those seeking cheap AI stocks with strong growth potential amid Trump tariffs and onshoring, consider exploring the best short-term AI stock.
For more stock insights, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” on Insider Monkey. This news article does not contain any disclosures.
Read more at Yahoo Finance: Sweetgreen, Inc. (SG)’s “Going To Be Too Hard,” Says Jim Cramer