by Louis Navellier | November 16, 2011 7:45 am
You might think it is a bad idea to buy restaurant stocks right now, considering consumers aren’t spending freely on dining out and are more concerned with cutting costs. However, a host of quick-service restaurants and food stocks that can cash in on at-home sales are doing quite well right now. It also helps that these tough times are very stressful, and if you have to sacrifice a gourmet meal, the least you can do is enjoy a burger or a doughnut every week to offer your palate some small comfort.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, eight restaurant stocks to eat up.
Here they are, in alphabetical order. Each one of these stocks gets an “A” or “B” according to my research, meaning it is a “strong buy” or “buy.”
BJ’s Restaurants Inc. (NASDAQ:BJRI) operates 113 restaurants across the United States. BJRI stock has gained almost 41% year-to-date, compared to a gain of just 4% for the Dow Jones.
Domino’s Pizza Inc. (NYSE:DPZ) is the pizza chain that made headlines earlier this year for publicly redeveloping its pizza recipe. The marketing move has apparently paid dividends, as DPZ stock is up nearly 109% year-to-date.
Krispy Kreme Doughnuts (NYSE:KKD) is a retailer of doughnuts and packaged sweets. KKD stock has posted a modest gain of 7% since the start of 2011, which outpaces the broader markets.
McDonald’s Corp. (NYSE:MCD) is known worldwide for its signature Big Mac and other fast-food products. By providing inexpensive menu options, MCD is almost recession-proof and has gained 23% year-to-date.
Papa John’s Int’l, Inc. (NASDAQ:PZZA) is known for its CEO as much as it’s known for its pizza. Since the start of 2011, PZZA stock has gained 30%.
Peet’s Coffee & Tea Inc. (NASDAQ:PEET) is a specialty coffee roaster. Like some of its competitors, PEET stock has gained big this year, at a tune of 38%.
Starbucks Corp. (NASDAQ:SBUX) is internationally known for its wide range of coffee and café products and has begun rolling out its popular line of winter drinks. SBUX stock has gained 37% since the start of 2011.
Tim Hortons Inc. (NYSE:THI) is a quick-service restaurant chain known mostly for its breakfast items. A 24% increase year-to-date has left shareholders pleased with their initial purchase.
Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.
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