[ad_1]

© Reuters. Are you hungry for profits? Then Consider Adding These 3 Steakhouse Stocks to Your Portfolio

Restaurant stocks soared higher earlier this year as the vaccinations and falling coronavirus case counts increased optimism that the economy would be able to fully recover. Ruth’s Hospitality Group (RUTH), Texas Roadhouse (NASDAQ:), and Bloomin’ Brands (BLMN) are three steakhouse stocks worthy of your investing dollars.Restaurant stocks soared higher earlier this year as the vaccinations and falling coronavirus case counts increased optimism that the economy would be able to fully recover.
&nbsp

However, over the past couple of months, this sector has underperformed as it became clear that the pandemic wasn’t going to have such a neat and tidy ending. However, now is the perfect time to invest in the dip. Case counts are slowly declining, creating the opportunity for an end-of-the year rally.
&nbsp

Ruth’s Hospitality Group (RUTH), Texas Roadhouse (TXRH), and Bloomin’ Brands (BLMN) are three steakhouse stocks worthy of your investing dollars. These stocks have the ability to absorb increased costs and pass these savings on to their customers.

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are supplied by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]