So I noticed the other day that The Wall Street Transcript had put out some interviews with stock experts all about the future of restaurant chains. It was interesting to see how the professionals’ thoughts lined up with mine. There are six interviews with various experts in the food and restaurant sectors, and here are some quotes and information about three of them:
Chris O’Cull is part of the consumer team at SunTrust Robinson Humphrey, Inc., where he concentrates on the restaurant sector. This interview is from 07/07/2010:
“Over the past few weeks, stocks have come under quite bit of pressure, so we think a lot of investors are looking for investment ideas. Casual dining will be one of those places, but there will also be interest in the regional fast food names because of the valuations. And so we would expect to see growing interest in those areas over the next several weeks. […] Some of our favorite stories are names like DineEquity (DIN), Jack in the Box (JACK) and Wendy’s/Arby’s Group (WEN). Those are our favorite stories right now.”