Investors looking for stocks in the Retail - Restaurants sector might want to consider either Darden Restaurants (DRI) or Dutch Bros (BROS). But which of these two companies is the best option for those looking for undervalued stocks?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
DRI stock benefits from restaurant expansion initiatives and strategic collaborations amid increased costs and expenses.
Today I'm initiating coverage of Darden Restaurants with a buy rating, driven largely by growth indicators and strong macro consumer forecasts. The +3% dividend yield beats several peers, an attractive play for dividend investors who want portfolio exposure to restaurants. Despite trading near a 10-year high, the stock remains undervalued on forward P/E and EV/EBITDA ratios vs. key peers.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Want to add reliable dividend payers to your portfolio? These household names can deliver inflation-beating payouts for many years to come.
DRI enhances its restaurant offerings with the acquisition of Chuy's.
Olive Garden parent Darden Restaurants, Inc (NYSE:DRI) was last seen down 0.9% at $157.22.
Olive Garden parent Darden Restaurants, Inc (NYSE:DRI) was last seen down 0.9% at $157.22.
Susan Connelly, the Senior Vice President, Chief Communications and Public Affairs Officer of Darden Restaurants Inc (DRI, Financial), sold 3,320 shares of the company on October 1, 2024. The transaction was reported in a recent SEC Filing.
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Darden Restaurants and Target
Darden Restaurant's NYSE: DRI stock has numerous advantages for investors, as seen in the price action. The stock has been volatile in recent years, but each downswing is met by an upswing, and momentum is building in H2 2024.