Here’s Why Darden Restaurants (DRI) is a Buy

Videos
Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Darden Restaurants (DRI).

This restaurant operator offers strong growth and income while trading at a reasonable price. The company delivered a solid beat for fiscal 2016 Q1, driven by solid same-store sales growth and profit margin expansion. Management also raised its full year guidance, prompting analysts to revise their earnings estimates higher for both 2016 and 2017. This sent the stock to a Zacks Rank #1 (Strong Buy). Darden also pays a dividend that yields a juicy 3.5%.

But what else should investors take away from this company?

Darden Restaurant: http://www.zacks.com/stock/quote/DRI?cid=CS-YOUTUBE-FT-VID
Bloomin Brands: http://www.zacks.com/stock/quote/BLMN?cid=CS-YOUTUBE-FT-VID
Brinker International: http://www.zacks.com/stock/quote/EAT?cid=CS-YOUTUBE-FT-VID
TexasRoadhouse: http://www.zacks.com/stock/quote/TXRH?cid=CS-YOUTUBE-FT-VID

Follow us on StockTwits: http://stocktwits.com/ZacksResearch
Follow us on Twitter: https://twitter.com/ZacksResearch
Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch

Products You May Like

Articles You May Like

More than half of Gen X parents worry about financially supporting their kids into adulthood, survey shows
Muni yields rise but outperform UST selloff after FOMC rate cut
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
We’re buying the recent dips on 2 stocks in the most oversold market in over a year
These are the top 10 ‘housing hot spots’ for 2025 — none are in Florida

Leave a Reply

Your email address will not be published. Required fields are marked *