Restaurants That Serve Up Strength
Restaurants have continued to show fundamental and chart strength despite the economic weakness of the past few years. Let's look at several top-performers in this important sector.
Large-cap Starbucks (SBUX), which is correcting along with the broader market, is an S&P 500 component that gets a lot of attention as a gauge of consumer willingness to spend on non-necessities. On Friday afternoon, the stock was trading at around $55, just below its 50-day line, in its first possible base since the summer and autumn of 2011....423 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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