A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 36% to Buy Hand Over Fist in 2025
- Posted on January 19, 2025
- By Yahoo News
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A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 36% to Buy Hand Over Fist in 2025
After briefly trading for more than $400 in 2024, shares of buffalo wing franchisor Wingstop (NASDAQ: WING) have plummeted 36%. Despite this decline, the growth stock still trades at a lofty price-to-earnings ratio of 80, more than double the S&P 500's average. Wingstop consists of 2,120 locations in the United States and 338 restaurants in international markets as of September 2024.