Shake Shack Inc. (NYSE: SHAK) was spotlighted by Jim Cramer due to concerns about consumer spending. The company’s stock was discussed in relation to rising beef prices impacting customers in a softer economy.

Despite a good earnings report, Shake Shack’s same-store sales growth fell short of analyst expectations. Cramer highlighted the company’s highest restaurant level margins in six years but noted concerns about sales growth.

While Shake Shack (SHAK) has potential as an investment, some believe other AI stocks offer better upside potential and less downside risk. Recommendations for undervalued AI stocks are available in a free report.

For more stock recommendations, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Jim Cramer Weighed in on Shake Shack in Light of Rising Food Costs