In Search of Fat Profits
Something's cooking in the restaurant sector. While the major indices lurk well beneath their year-to-date highs, there have been a series of breakouts in restaurant and other food-related stocks. Just yesterday, Cracker Barrel (CBRL) and Papa John's (PZZA) reached new all-time highs, and Brinker (EAT) closed at a multiyear high. Last week, Jack in the Box (JACK) reached multiyear highs as well.
These four names are high-quality stocks that should be bought on pullbacks, as all are near major highs. What other stocks will benefit from this surge? How does a menu of burgers, donuts and pizza sound? What we have here is a portfolio Homer Simpson would love....400 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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