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.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
