Stocks in the Leisure Industry Making Moves
The Leisure industry saw some significant movements on Friday, with several stocks pushing it higher. Buffalo Wild Wings (BWLD) and Darden Restaurants (DRI) were among the standout performers, with shares of both companies experiencing notable gains. Chipotle Mexican Grill (CMG) also saw a slight increase, despite some investors' concerns about the company's recent struggles. These three stocks have been identified as potential winners by TheStreet Ratings and could be worth considering for investors looking to tap into the Leisure industry.
Key Takeaways:
- Buffalo Wild Wings (BWLD) shares were up 3.0% to $160.65, with 766,621 shares traded on Friday.
- Darden Restaurants (DRI) shares were up 1.8% to $68.28, with 794,219 shares traded on Friday.
- Chipotle Mexican Grill (CMG) shares were up 1.0% to $612.05, with 193,994 shares traded on Friday.
- TheStreet Ratings has identified all three of these companies as potential winners, citing their robust revenue growth, impressive record of earnings per share growth, and solid stock price performance.
- Buffalo Wild Wings has a market cap of $2.9 billion and is part of the services sector, while Darden Restaurants has a market cap of $8.4 billion and is also part of the services sector.
- Chipotle Mexican Grill has a market cap of $18.9 billion and is part of the services sector, with 15 analysts rating the company a buy and 10 analysts rating it a hold.
Statistics:
- The Leisure industry has seen a 0.3% increase on the day, with the S&P 500 down 0.7%.
- Buffalo Wild Wings has experienced a 14.1% decline year-to-date, with Darden Restaurants experiencing a 14.4% gain year-to-date.
- Chipotle Mexican Grill has experienced an 11.5% decline year-to-date, with the company's revenue growth, earnings per share growth, and cash flow from operations all contributing to its success.
Sources:
- "TheStreet" article, "Stocks in the Leisure Industry Making Moves" (no date)
- TheStreet Ratings, "Buffalo Wild Wings Ratings Report" (no date)
- TheStreet Ratings, "Darden Restaurants Ratings Report" (no date)
- TheStreet Ratings, "Chipotle Mexican Grill Ratings Report" (no date)