7 Restaurant and Resort Stocks to Buy Now

by Portfolio Grader | November 29, 2012 10:00 am

This week, seven Restaurant and Resort stocks are improving their overall ratings on Portfolio Grader[1]. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, InterContinental Hotels (NYSE:IHG[2]) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. InterContinental Hotels Group manufactures, markets, and distributes a wide array of fragrances and fragrance related products. In Portfolio Grader’s specific subcategories of Earnings Surprise, Equity, and Margin Growth, IHG also gets A’s. The stock price has risen 8.8% over the past month, better than the 0.1% the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of IHG stock[3].

This week, Carnival (NYSE:CUK[4]) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Carnival runs a cruise and vacation company. For more information, get Portfolio Grader’s complete analysis of CUK stock[5].

Ameristar Casinos (NASDAQ:ASCA[6]) gets a higher grade this week, advancing from a C last week to a B. Ameristar Casinos owns and operates casinos in addition to hotel, food and beverage, entertainment and related facilities. The stock currently has a trailing PE Ratio of 7.90. For more information, get Portfolio Grader’s complete analysis of ASCA stock[7].

This week, Gaylord Entertainment (NYSE:GET[8]) pushes up from a C to a B rating. Gaylord Entertainment owns and operates branded hotels in multiple states. For more information, get Portfolio Grader’s complete analysis of GET stock[9].

The rating of Peet’s Coffee & Tea (NASDAQ:PEET[10]) moves up this week, rising from a C to a B. Peet’s Coffee & Tea markets fresh-roasted whole bean coffee. For more information, get Portfolio Grader’s complete analysis of PEET stock[11].

Luby’s Inc. (NYSE:LUB[12]) shows solid improvement this week. The company’s rating rises from a C to a B. Luby’s owns and operates cafeteria-style restaurants under the name Luby’s. For more information, get Portfolio Grader’s complete analysis of LUB stock[13].

Jack in the Box (NASDAQ:JACK[14]) boosts its rating from a C to a B this week. Jack in the Box operates and franchises Jack In the Box fast-food restaurants primarily in the Western region of the United States. For more information, get Portfolio Grader’s complete analysis of JACK stock[15].

Louis Navellier’s proprietary Portfolio Grader[16] 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[17].

Source URL: https://investorplace.com/2012/11/7-restaurant-and-resort-stocks-to-buy-now-ihg-cuk-asca/

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