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The Cheesecake Factory (CAKE) Catches Eye: Stock Jumps 7.6%
The Cheesecake Factory Incorporated (CAKE - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 31% in the past one-month time frame.
The company has seen six positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also improved over the past few weeks, suggesting that more solid trading could be ahead for The Cheesecake Factory. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
The Cheesecake Factory currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
The Cheesecake Factory Incorporated Price
The Cheesecake Factory Incorporated price | The Cheesecake Factory Incorporated Quote
A better-ranked stock in the Retail – Restaurants industry is Dominos Pizza Inc (DPZ - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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