Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 0.1%. By the end of trading, Darden Restaurants rose $1.26 (2.5%) to $51.06 on average volume. Throughout the day, 1,536,566 shares of Darden Restaurants exchanged hands as compared to its average daily volume of 1,677,100 shares. The stock ranged in a price between $49.64-$51.12 after having opened the day at $49.91 as compared to the previous trading day's close of $49.80. Other companies within the Leisure industry that increased today were:
), up 8.9%,
), up 5.2%,
), up 4.0% and
Einstein Noah Restaurant Group
), up 4.0%.
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Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Red Lobster, Olive Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze, Seasons 52, Eddie V's Prime Seafood, and Wildfish Seafood Grille brand names. Darden Restaurants has a market cap of $6.6 billion and is part of the services sector. Shares are down 8.4% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Darden Restaurants a buy, 1 analyst rates it a sell, and 15 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Darden Restaurants Ratings Report.
On the negative front,
), down 5.6%,
), down 5.4%,
), down 5.3% and
), down 5.0% , were all laggards within the leisure industry with
) being today's leisure industry laggard.
- Use our leisure section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.