Today’s video takes a quick look at restaurant stock Darden (DRI - Free Report) ahead of their earnings report. This company, which is best known for its Olive Garden and Longhorn Steakhouse divisions, is facing some headwinds thanks to a sluggish industry rank which puts the restaurant segment in the bottom quarter of all segments that we cover.
However, there are some positives for DRI heading into its report. The company has a great fundamental score which includes an ‘A’ VGM grade, as well as a triple play of ‘A’ grades for momentum, growth, and value. Few restaurants in the sector can match this, and especially this quarter when so many have poor ranks.
Speaking of ranks, DRI actually has a Zacks Rank #3 (hold) right now, which on its own isn’t inspiring. But, the company has just moved out of sell territory so this is a stock that could be headed in the right direction, and especially if it can yet again live up to analyst expectations.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Today’s video takes a quick look at restaurant stock Darden (DRI - Free Report) ahead of their earnings report. This company, which is best known for its Olive Garden and Longhorn Steakhouse divisions, is facing some headwinds thanks to a sluggish industry rank which puts the restaurant segment in the bottom quarter of all segments that we cover.
However, there are some positives for DRI heading into its report. The company has a great fundamental score which includes an ‘A’ VGM grade, as well as a triple play of ‘A’ grades for momentum, growth, and value. Few restaurants in the sector can match this, and especially this quarter when so many have poor ranks.
Speaking of ranks, DRI actually has a Zacks Rank #3 (hold) right now, which on its own isn’t inspiring. But, the company has just moved out of sell territory so this is a stock that could be headed in the right direction, and especially if it can yet again live up to analyst expectations.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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