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Josh Brown is still bullish on Shake Shack

Is Shake Shack still a juicy stock? Halftime Report expert Josh Brown believes so.

Shares of the burger chain have been under pressure, falling more than 65-percent from all-time high levels hit in May of 2015.

Brown admits that's it's been a wild ride since he bought shares on its IPO day, but is still bullish on the company long-term.

Shake Shack cheeseburger and drink.
Getty Images
Shake Shack cheeseburger and drink.

"[Shake Shack] continues to execute… it is still positive," he argued on CNBC's "Halftime Report".

Brown expects future store growth to be a catalyst. "They told the street they would build 450 outlets and that's exactly what they're on pace to do," he added.


He doesn't recommend getting into the stock before earnings, but he is looking for another entry. "If shares sell-off on earnings, I'll look to add to my position."

Josh Brown is long Shake Shack.