Wingstop’s valuation is a blatant example of a bubble.
Growth projections have to be stretched well beyond reason to justify the current price.
The company is operating in a highly competitive and saturated industry.
Investors, and even more so the chain’s customers, would be well served by considering the calorie and fat totals of the menu items with the rise of healthy eating trends.
Existing shareholders should sell to lock in their gains. The current share price offers an enticing opportunity to initiate a short position.
Read the Full SeekingAlpha Article HERE
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