Bitcoin sets a new all-time high above $6,000 >>> READ MORE

3 Restaurant and Resort Stocks to Sell Now

IRG, WYNN, HMIN slump in weekly rankings


The ratings of three Restaurant and Resort stocks are down this week, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Ignite Restaurant Group Inc. (NASDAQ:IRG) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Ignite Restaurant Group owns and operates the Joe’s Crab Shack and Brick House Tavern + Tap restaurant brands in the United States. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Surprise, IRG also gets F’s. The trailing PE Ratio for the stock is 73.80. For more information, get Portfolio Grader’s complete analysis of IRG stock.

This week, Wynn Resorts’ (NASDAQ:WYNN) rating worsens to a D from the company’s C rating a week ago. Wynn Resorts owns and operates destination casino resorts. For a full analysis of WYNN stock, visit Portfolio Grader.

The rating of Home Inns & Hotels Management (NASDAQ:HMIN) slips from a C to a D. Home Inns & Hotels Management operates a chain of budget hotels in the People’s Republic of China. In Earnings Growth, Earnings Momentum, Earnings Revisions, and Margin Growth the stock gets F’s. To get an in-depth look at HMIN, get Portfolio Grader’s complete analysis of HMIN 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,

©2017 InvestorPlace Media, LLC