InvestorPlace – Stock Market News, Stock Advice & Trading Tips My investment philosophy is simple. Invest in today, what is going to be big tomorrow. Applied to the food world, this philosophy has one straightforward takeaway: Buy vegan stocks. For years, Americans have been obsessed with their meat. Steak and […]
Stocks
3 Top Restaurant Stocks to Watch in October
With COVID-19 continuing to lurk in the U.S. and around the globe, and the uncertainties of colder weather arriving, restaurant companies remain on shaky ground more than seven months after the novel coronavirus debarked on America’s shores. Some restaurants have bounced back vigorously, however, while others are still mired in […]
Restaurant Stocks Are Rallying — Here’s Why You Should Avoid Them
The restaurant industry is in trouble. Although the stocks of many chains have rallied during the pandemic, with the S&P 400 Restaurant index is up 90% from the industry low point in March, many restaurants are still hurting. Ruby Tuesday just declared bankruptcy, following in the footsteps of Chuck E. […]
Restaurant Stocks Reveal Industry’s Feast-or-Famine State
The phrase “what a year it has been” can apply to darn near everything in 2020, but in terms of industry sectors, it really applies to restaurants. It’s amazing to think that many were closed for a good part of the year — a potential death knell for an industry […]
4 Pet Stocks Catering to Stay-at-Home Trends
InvestorPlace – Stock Market News, Stock Advice & Trading Tips It took a moment, but investors figured out that pet stocks should be a beneficiary of the novel coronavirus pandemic. Indeed, the ProShares Pet Care ETF (BATS:PAWZ) has rallied 35% so far this year. It’s soared 91% from March lows. […]
3 Restaurant Stocks That Coronavirus Hit Hard
InvestorPlace – Stock Market News, Stock Advice & Trading Tips The restaurant sector is probably the hardest-hit sector by the novel coronavirus pandemic. Hence, restaurant stocks have fallen by the wayside and continue to show little progress so far. A lot of them have suspended dividends in light of their […]
2 Food Stocks Poised for a Bull Run
Mark Twain’s observation to “buy land — they’re not making any more of it” can also be applied to food companies: Buy their stocks because people will always need to eat. As we saw during the early days of the coronavirus pandemic, people raced to their local supermarkets to clear […]
Top Restaurant Stocks for Q4 2020
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The restaurant industry ranges from local mom-and-pop eateries to national and international chains. The industry is notoriously difficult for business owners, with about 60% of new restaurants failing within their first year. One reason for this is that restaurant spending tends to be heavily discretionary, fluctuating dramatically with the broader […]
Top Food Stocks for Q4 2020
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The food industry is comprised of companies that are primarily focused on offering food and non-alcoholic beverage products. It includes grocery stores, food distribution companies, and other companies offering consumer staples that consumers either eat or drink. It does not include restaurant businesses, many of which are considered cyclical because […]