7 Restaurant and Resort Stocks to Buy Now

GET, PEET, PNK, BKW, CBRL, CZR, MHGC improve in weekly rankings

   
7 Restaurant and Resort Stocks to Buy Now

The grades of seven restaurant and resort stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Gaylord Entertainment (GET) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Gaylord Entertainment owns and operates branded hotels in multiple states. For more information, get Portfolio Grader’s complete analysis of GET stock.

Peet’s Coffee & Tea’s (PEET) ratings are looking better this week, moving up to a B from last week’s C. Peet’s Coffee & Tea markets fresh-roasted whole bean coffee. For more information, get Portfolio Grader’s complete analysis of PEET stock.

This is a strong week for Pinnacle Entertainment, Inc. (PNK). The company’s rating climbs to B from the previous week’s C. Pinnacle Entertainment is a diversified gaming company that owns and operates several casinos and casino hotels. At $25.13, the stock is above the 50-day moving average of $24.46. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of PNK stock.

Burger King Worldwide, Inc. (BKW) gets a higher grade this week, advancing from a C last week to a B. The share price is in range of the 52-week high of $23.06, currently positioned at $22.52. For more information, get Portfolio Grader’s complete analysis of BKW stock.

Cracker Barrel Old Country Store, Inc. (CBRL) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Cracker Barrel Old Country Store is engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept. The stock has moved up a slight 0.7% over the past week. At present, the stock has a dividend yield of 3%. For more information, get Portfolio Grader’s complete analysis of CBRL stock.

Caesars Entertainment Corporation (CZR) shows solid improvement this week. The company’s rating rises from a C to a B. Caesars Entertainment Corporation is the world’s largest casino entertainment company, having grown through development of new resorts, expansions and acquisitions, and extending casino operations over four continents. The stock price has risen 14.8% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of CZR stock.

This week, Morgans Hotel Group’s (MHGC) ratings are up from a C last week to a B. Morgans Hotel Group owns, acquires, develops and redevelops boutique hotels in cities and resort markets in the United States and Europe. The stock’s price of $8.03 is above the 50-day moving average of $7.92. For more information, get Portfolio Grader’s complete analysis of MHGC 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/2014/01/7-restaurant-and-resort-stocks-to-buy-now-get-peet-pnk/.

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