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The buyout of Habit Restaurants (HABT) by Yum! Brands (YUM) should bring the market focus back to the restaurant sector, especially burger joints like Shake Shack (SHAK). The latter stock is trading at the most attractive multiples in a while warranting a second look here under $60. My investment thesis was muted on the stock back at the end of 2018, but the value has improved substantially over the year.
Habit Deal
Yum! Brands bought Habit Restaurants to compete in the burger space. The restaurant giant already owns KFC,