Which Player to Back in the Fast Food Wars

Investors fought over the IPO shares of Shake Shack like kids fighting over a McDonald's Happy Meal. Initially priced at $21.00 per share, Shake Shack stock ended its first day of trading up over 100% at $45.90, moved to just north of $52 per share, and even after an inevitable pull back is still ahead nearly 95%. The very trends that are pumping up Shake Shack's shares have left those of McDonald's, the most iconic name in hamburgers and perhaps in the entire global restaurant business, becalmed. The post Which Player to Back in the Fast Food Wars appeared first on Money Morning - We Make Investing Profitable .