7 Restaurant and Resort Stocks to Buy Now

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

This week, InterContinental Hotels (NYSE:IHG) 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.

This week, Carnival (NYSE:CUK) 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.

Ameristar Casinos (NASDAQ:ASCA) 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.

This week, Gaylord Entertainment (NYSE:GET) 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.

The rating of Peet’s Coffee & Tea (NASDAQ:PEET) 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.

Luby’s Inc. (NYSE:LUB) 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.

Jack in the Box (NASDAQ:JACK) 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.

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

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