More on Casual Dining Stocks

I filmed this clip with Phil Pearlman at Stocktoberfest San Diego in late October. The stocks I mentioned (Sonic, $SONC, Cracker Barrel, $CBRL and Denny’s, $DENN) did not even wait for me to get off the plane in Ohio to start moving and have been going gang busters.

But there are entry points on others out there now. Take a look at Wendy’s, $WEN, Jack in the Box, $JACK, and Red Robin Gourmet Burgers, $RRGB (discussed here), to name a few. The whole sector continues to trend higher.

I am long Sonic, Wendy’s, Red Robin Gourmet Burgers and Jack in the Box, for personal and client accounts.

Get my book, Trading Options: Using Technical Analysis to Design Winning Options Trades.

 

 

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