Long Position on SG @ $24.00 on 4/4/2024 (Fundamentals)

Sweetgreen, Inc. (SG), together with its subsidiaries, operates fast food restaurants serving healthy foods at scale in the United States.

The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that do not have an expiration date and can be redeemed.

The company was founded in 2006 and is headquartered in Los Angeles, California.

This stock is up 132% this year and this growth should continue, so this could be a strong pick for growth investors.

Entry Point: $24.00

Trading Range: $6.74 - $26.45

Stop Loss: $22.80

Target Price: $26.40

Position closed on 4/19/2024 at price of $22.80 with a -5.00% loss in 15 days.

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