Restaurant stock #2: Darden Restaurants (DRI) - Louis Navellier

Sign Up | Log In | What is SocialPicks?

Please sign up for SocialPicks site access - it's free!

Restaurant stock #2: Darden Restaurants (DRI)
Jun 21, 2009 02:00 PM UTC

Louis Navellier

Return	Risk
+3.51%	LOW

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
LNY	n/a
DRI		06/21/09	-5.91%	--

Via BloggingStocks:

Filed under: Stocks to Buy

Restaurant stock #2: Darden Restaurants (DRI) Darden Restaurants (NYSE: DRI) is a large player in the casual dining space. Names in its stable include Red Lobster, Olive Garden, and LongHorn Steakhouse.

With that diversification of offerings, DRI held up better than some in the restaurant space. As such, the recovery from the bottom has meant doubles instead of the triples or more.

DRI currently trades at around $34 per share -- which is cheap in my book. I would be a buyer of growth despite the gains in the near term. I rate DRI an A or Strong Buy.

Up next: Restaurant stock #3: Landry's Restaurants (LNY).

Restaurant stock #2: Darden Restaurants (DRI) originally appeared on BloggingStocks on Sun, 21 Jun 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.