Diamonds and Dogs
Shake Shack (SHAK) gets an upgrade. The fast food chain is up 6% on an upgrade. The analyst set a price target of $90 a share citing a rise in digital sales and improved delivery service. The company improved their operating model during the pandemic to exit in stronger financial shape.
Zillow (ZG) owns too many homes. Zillow (ZG) is down 8% after word leaked they have too many homes in inventory and are trying to unload 7,000 homes. Back in September, Zillow put a record number of homes on the market at the lowest markups since November 2018.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.