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3 Restaurant and Resort Stocks to Buy Now

CAKE, TXRH, PEET improve in weekly rankings

   

Three Restaurant and Resort stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Cheesecake Factory (NASDAQ:CAKE) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Cheesecake Factory operates upscale, casual, full-service dining restaurants in the United States. For more information, get Portfolio Grader’s complete analysis of CAKE stock.

This week, Texas Roadhouse (NASDAQ:TXRH) pushes up from a C to a B rating. Texas Roadhouse operates the Texas Roadhouse restaurant franchise. For more information, get Portfolio Grader’s complete analysis of TXRH stock.

This is a strong week for Peet’s Coffee & Tea (NASDAQ:PEET). The company’s rating climbs to B from the previous week’s C.Peet’s Coffee & Tea markets fresh-roasted whole bean coffee. Shares of PEET have increased 24.6% over the past month, better than the 0.6% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of PEET stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/3-restaurant-and-resort-stocks-to-buy-now-cake-txrh-peet/.

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