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

 Jun 21, 2009 04:00 PM UTC
Return Risk
+4.86% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
LNY Positive 06/21/09 +54.85% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

Restaurant stock #3: Landry's Restaurants (LNY)Like Darden, Landry's Restaurants (NYSE: LNY) is a large, diversified player in the casual dining segment.


One significant difference is its participation in the casino space with the Golden Nugget. The acquisition of Golden Nugget has not resulted in much benefit for the company as of yet. In fact, the deal increased LNY's debt level, which now stands near $1 billion.


LNY's stock dropped hard after trading for some time at the $30 level. At the bottom, one could buy shares at $3.60 per share.

Continue reading Restaurant stock #3: Landry's Restaurants (LNY)

Restaurant stock #3: Landry's Restaurants (LNY) originally appeared on BloggingStocks on Sun, 21 Jun 2009 11:00:00 EST. Please see our terms for use of feeds.

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