It’s another big earnings week with over 1100 companies expected to report earnings.
And while most of the excitement over the FANG earnings reports is now over, there are plenty of other popular big-name companies that investors will be focusing on this week.
Many of those companies will be in the restaurant industry as nearly a dozen restaurant companies are expected to report this week.
The restaurants were once the darling of Wall Street in 2014 and 2015 as many went IPO. But in recent years, it’s gotten more difficult for chains to expand nationally thanks to increased competition. And in 2018, labor costs are also rising.
Which restaurant stocks have the best earnings charts?
5 Restaurant Stocks to Watch This Week
- The Habit Restaurants, Inc. has just 3 misses since it’s 2014 IPO but shares are now sitting near new all-time lows. The stock doesn’t appear to be either a value or a growth stock. It’s in no-man’s land. What will it take to turn around the chart?
- Shake Shack (SHAK - Free Report) hasn’t missed since it’s 2015 IPO. That’s an impressive streak. Shares are off the recent lows. Are investors buying into the growth story again?
- Wingstop (WING - Free Report) also went IPO in 2015 but it’s chart looks very different from Shake Shack’s. It also has a great track record, with a perfect beat record during that time. Can it keep its breakout momentum?
- Del Taco missed last quarter. Shares have also been choppy with them sliding in 2018. Is this a buying opportunity?
- El Pollo Loco (LOCO - Free Report) has beat 3 out of the last 4 quarters but shares are stuck near new all-time lows. Like Habit, it’s neither cheap nor a growth story. Watch for discussion of continued expansion.
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 >>
It’s another big earnings week with over 1100 companies expected to report earnings.
And while most of the excitement over the FANG earnings reports is now over, there are plenty of other popular big-name companies that investors will be focusing on this week.
Many of those companies will be in the restaurant industry as nearly a dozen restaurant companies are expected to report this week.
The restaurants were once the darling of Wall Street in 2014 and 2015 as many went IPO. But in recent years, it’s gotten more difficult for chains to expand nationally thanks to increased competition. And in 2018, labor costs are also rising.
Which restaurant stocks have the best earnings charts?
5 Restaurant Stocks to Watch This Week
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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