Where Will Sweetgreen Stock Be in 5 Years?
SGSweetgreen(SG) The Motley Fool·2024-08-25 21:15

Shareholders hope that the current strong momentum can continue for a long time. Sweetgreen (SG 7.39%) is without question one of the best stocks of 2024. Its shares have skyrocketed some 200% since the start of the year. By comparison, the S&P 500 has produced a total return of 19%. Yet, this booming restaurant stock's monster performance hasn't been enough to prevent it from trading 36% below its late-2021 initial public offering (IPO) price. Investors might still be eyeing the business as a potential buy ...