Chicken chains are hotter than a spicy wing

Hot wings! Investors can't get enough chicken

Scorching wings! Buyers cannot get ample chicken

Forget about the burger fad. Traders can not get ample breasts, thighs and wings these times.

Rapidly food chain Wingstop ( WING ) started buying and selling Friday morning, and shares skyrocketed sixty% from their first public providing value.

The organization, which offers funky flavors like Mango Habanero, Garlic Parmesan and Hawaiian alongside with far more standard very hot wings, has posted steady development.

The Dallas-primarily based chain’s sales have been up fourteen% in the very first quarter. They rose fourteen% previous yr and also in 2013. And Wingstop is rewarding as well. The chain has 745 eating places … forty five of them exterior the U.S.

Wingstop is the most recent IPO to make Wall Street crack out into a rooster dance.

Hen and biscuits chain Bojangles ( BOJA ) soared 25% when it debuted last thirty day period. Bojangles reported earnings for the very first time because its IPO on Thursday.

The stock fell a bit Friday but the figures ended up fantastic. Complete product sales have been up much more than 19% from last calendar year and identical-retailer sales, which steps the efficiency of retailers open at the very least a year, rose almost eight%.

Mexican-themed grilled hen restaurant El Pollo Loco ( LOCO ) had a “mad “very good 1st day when it went public final July as well. The inventory popped sixty%.

chicken on wall street

Shares have pulled again from their 1st working day surge but are nevertheless 33% above its supplying cost.

And traders are hoping that the best meals IPO of 2015 — gourmand burger joint Shake Shack ( SHAK ) — may shortly soar on the rooster bandwagon as nicely.

The stock shot up final month on the information that the company experienced filed for a trademark for the time period “Rooster Shack.” Shake Shack does offer chicken very hot puppies, but not a chicken sandwich.

It will be interesting to see if the rooster chains carry on to fly high on Wall Road. If they do, anticipate much more IPOs.

Some authorities have speculated that Chick-Fil-A could be more likely to go public pursuing the loss of life of its founder previous yr. And Bojangles competitor Zaxby’s has won raves from many hen enthusiasts also.

Examine out The Feed for far more business stories about what you try to eat and drink

But it shouldn’t be a enormous surprise that these organizations are performing well.

Even however total consumer shelling out has been lackluster, the latest retail sales figures from the government present that individuals are likely out to eat a good deal.

Other organizations with a big focus on white meat, these kinds of as Buffalo Wild Wings ( BWLD ) , Popeye’s Louisiana Kitchen area ( PLKI ) and KFC-proprietor Yum! Brands ( YUM ) , have been Wall Avenue studs for the earlier few many years as nicely.

Heck, KFC just resurrected Colonel Sanders in a new advertisement campaign showcasing Darrell Hammond actively playing the company’s popular founder.

There are enough chicken shares out there to develop an ETF with a amazing identify.

Wingstop has previously taken the ticker symbol WING. So perhaps this fund could trade as FOWL or Chicken?

Now all we need is for somebody to make the fictitious Los Pollos Hermanos chain from “Breaking Bad” a true issue and get it community.

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