May. 26 at 1:13 PM
Restaurant stocks on the rise! 🍽️🚀
Sales at U.S. restaurants hit
$99.4B in April, up 1.2% MoM, signaling strong consumer spending despite inflation worries. With inflation cooling, retail sales jumping, and trade tensions easing, BJ's Restaurants (
$BJRI), Wingstop (
$WING), and CAVA Group (
$CAVA) might be worth a closer look. All have seen positive earnings estimate revisions and hold a Zacks Rank #2 (Buy).
Discover why these stocks could heat up your portfolio 👉 https://www.zacks.com/commentary/2477232/3-stocks-to-buy-on-growing-restaurant-sales-amid-price-challenges?cid=sm-stocktwits-2-2477232-body&ADID=SYND_STOCKTWITS_TWEET_2_2477232_BODY