|Day Low/High||42.44 / 43.68|
|52 Wk Low/High||38.29 / 60.56|
The fundamentals are there, supported by earnings. Let's look at the charts.
Apart from big chains, very few restaurant companies have done well.
Swift will partner with anyone who has the dough (like Papa John's).
Cheesecake Factory, Papa John's and other names in the sector are facing headwinds.
Social conflicts are likely to increase because of disruption triggered by the internet, he said.
Retail needs to survive; consolidation is one way of doing that.
The sector is still under immense pressure.
Papa John's shares slump after reporting quarterly earnings that beat expectation, while revenue missed the mark.
Chain expects to do well in the $40 billion-a-year food-delivery business.
Domino's, Pizza Hut and Papa John's are stepping up their game this Sunday.
But these catalysts could help the fast-food chain's surge.
The pizza king is an interesting spot as it prepares to deliver 3Q results Tuesday.
Papa John's is re-entering the pan pizza game after a failed attempt several years ago.
The time to look at Yum as a restaurant company instead of an investment vehicle is fast approaching.
He'd be well advised to take the other side of an Ackman trade (again).
Enjoy their food but realize that present-day valuations may be hard to swallow on any bad news.
It's hard to see how it can move higher with the current valuation.
Chipotle must do something transformational in its restaurants to materially lift sales in 2017.