What a run it’s been for investors in Wingstop (NASDAQ: WING). Shares of the chicken wing restaurant operator have been on a tear since its 2015 IPO of $19 per share, providing investors with a return greater than 600% in a little over five years. In the process, it’s outperformed Wall Street’s favorite restaurant stocks like Dominos Pizza, Chipotle, and Starbucks.
Still, there are reasons to think Wingstop’s amazing run isn’t close to being over. In fact, the pandemic might have boosted its fortunes. Here’s what you need to know before buying Wingstop stock.