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Wednesday, December 18, 2019

Best Stocks 2020: Shake Shack (SHAK)

Looking for the best stocks for 2020?  With the stock market at all-time highs, its really difficult to find good stocks to buy going into 2020.  I have been buying a ton of Shake Shack (SHAK) stock lately given the huge decline.

Today, shares rallied from $58 to $60.50 and the technicals are going to produce a buy signal tomorrow.

Shake Shack (SHAK) was a $105 stock just three months ago but light earnings caused shares to drop nearly 45%.  In 2020, I believe shares can rally 30-60% from $60 so that is why SHAK is my largest holding into 2020.  Earnings are expected 2/20/20.

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