This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

12 Restaurant Stocks at 52-Week Highs

Brinker International

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Brinker International (EAT - Get Report)

52-Week High Reached Tuesday: $22.56

Bar-and-grill restaurant chains like Brinker International's Chili's have generally poor fundamentals coming out of the recent recession relative to other restaurants in the casual dining space, said Stifel Nicolaus analyst Steve West.

While the segment is doing poorly, stocks were so depressed at the start of 2010 that significant share price percentage gains in the year were, in large part, a simple bounce off serious lows, West said.

The group focused heavily on "extreme discounting" in 2010 as a means of luring customers in the door. Brinker's revenue fell 6% in the recent quarter , in part because of heavy promotions. Another drawback to the strategy is the training of its customer base to only buy when heavy promotions are offered. (Think DineEquity's (DIN) Applebee's big promotion of two entrees plus an appetizer for $20. Chili's offered the same thing. With such similar menus among the pair, customers' opt to go where the discounts are steeper.)

That means customers will either wait to dine at Chili's until there is a discount, or save up their money and trade up to chains like Cheesecake Factory (CAKE - Get Report), West said.
4 of 13

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CAKE $52.81 0.32%
EAT $46.21 -1.20%
DRI $64.00 0.82%
MCD $129.45 0.82%
SBUX $56.30 0.09%


Chart of I:DJI
DOW 17,619.52 -131.39 -0.74%
S&P 500 2,048.72 -14.65 -0.71%
NASDAQ 4,722.1060 -41.1180 -0.86%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs