Investors are Betting on Restaurants
SEAFOODNEWS.COM [Nation's Restaurant News] by Jonathan Maze- July 2, 2015
Investors seem to have rediscovered the restaurant industry so far in 2015, but they’ve done so cautiously — pouring money into perceived winners while abandoning any company that underperforms.
On average, stocks are up nearly 11 percent so far in 2015, according to the NRN Restaurant Index, Nation’s Restaurant News’ exclusive stock tracker for the restaurant industry. By comparison, restaurant stocks rose only 3.5 percent in 2014.
Nearly six in ten restaurant stocks have increased in value, and 25 of the 58 stocks we track regularly are up over 10 percent on the year. Shake Shack, which went public in January, has nearly ...
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