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8 Restaurant Stocks Goldman Sachs Is Bullish On Right Now

This Goldman Sachs analyst says these 8 restaurant stocks fared better amid the pandemic and look poised to continue to outperform.

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Where is HRL’s bargain price?

Uncertain economic conditions have proven to be a good time to think about stocks that most people tend to overlook because they’re “boring.” These are stocks that also tend to operate in counter-cyclical fashion. It’s been interesting – but not surprising – to see a bit of a resurgence in stocks in the Food Products […]

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Moderna’s COVID Vaccine Overwhelmingly Passes Key Committee Vote – FDA Approval Expected As Early As Friday

Plus, CVS Health and Walgreens are starting to offer COVID-19 vaccinations for residents and staff at long-term care facilities, Darden Restaurants shares are down after disappointing earnings, and Dick’s Sporting Goods has teamed up with Instacart to offer same-day shipping.

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The U.S. Just Reported A New Record For Average Daily Coronavirus Cases

Plus, the Fed’s Rosengren warned the next six months will be turbulent for the global economy even with a COVID vaccine, Chipotle is about to open its first digital-only restaurant, and Lyft shares are up after the company said it expects to be profitable by the fourth quarter of 2021.

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Nikola Shares Plummet After Wedbush Issues First Sell Rating On The Street

Plus, President Trump refused to commit to a peaceful transition of power should he lose the November election, last week’s initial jobless claims were higher than expected, and United Airlines is about to start offering rapid coronavirus tests to some fliers to Hawaii.

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The White House Is Working On A Plan To Open Parts Of The U.S. Within The Next 30 Days

Plus, expectations are low for an agreement at tomorrow’s OPEC+ meeting on an oil production cut, McDonald’s reported a 22% decline in same-store sales last month, and Zoom Technologies just got hit with a lawsuit over its privacy and security shortcomings.

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Congress Is Working On Another $1 Trillion Stimulus Package

Plus, the S&P may have just entered a new bull market, Darden Restaurants shares are up after it said to-go orders are surging, and Carnival shares are up after the Saudi sovereign wealth fund takes a big stake in the cruise operator.

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SBUX may be setting the model for coping with coronavirus; does that make it a buy?

I often observe, and write about the need to try to filter through the “noise” of the market to find the right ways and places to put your money to work for you. A lot of that noise, of course comes from media outlets, including market news. The irony of my observation is that it […]

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Twitter Shares Are Soaring After Earnings & Active Users Beat

Plus, China announced it will halve tariffs on $75 billion worth of U.S. goods, and Yum! Brands warned that it could fall short of its outlook as the coronavirus outbreak weighs on its sales in China.

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Arcos Dorados Holdings Inc. (ARCO) Buy Target – $7.80 or better

Trade Setup Buy Target – $7.80 or better Sell Signal – TradersPro Sell Signal Arcos Dorados Holdings Inc. operates as a franchisee of McDonald’s restaurants. It has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, […]

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Food Products
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Chipotle Mexican Grill, Inc. (CMG) Buy Target $852 or better

Trade Setup Buy Target $852 or better Sell Target – TradersPro Sell Signal Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2018, it operated 2,491 restaurants, including 2,452 Chipotle restaurants in the United States, 37 Chipotle restaurants internationally, and two non-Chipotle restaurants. The company was founded […]

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