Mexican-inspired eatery El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) has seen its stock soar an impressive 56% this year, reaching new heights not seen since late 2021. The secret to its success lies in its signature fire-grilled chicken, which has consistently exceeded expectations. Despite the impressive gains, some investors may be wondering if the stock still has room to grow.
As an independent analyst, I’ve taken a closer look at LOCO’s performance and believe it may still have some upside potential. However, it’s essential to note that past successes do not guarantee future results. Investors should carefully consider their own financial goals and risk tolerance before making any investment decisions.
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