Promising Restaurant Stocks To Follow Now - February 12th
According to the data from MarketBeat's stock screener tool, five restaurant stocks that investors should keep an eye on are Alibaba Group, Uber Technologies, Coca-Cola, Berkshire Hathaway, and Booking Holdings. Restaurant stocks are shares from publicly traded companies operating within the restaurant sector. This includes a variety of restaurant business types that investors can trade on stock exchanges.
The value of restaurant stocks can change significantly, impacted by sales numbers, profitability measures, competitive positioning, and shifts in consumer preferences spanning the food service industry. The five mentioned have recently exhibited the highest trading volumes among their peers.
Alibaba Group (BABA)
Alibaba Group provides merchants and brands with the technological infrastructure and marketing frameworks they need to connect with users and customers both in China and around the world. It operates through segments that include China Commerce, International Commerce, Local Consumer Services, and more. The BABA stock surged by $5.92, hitting $118.70. It traded 34,319,562 shares, above its average of 23,642,951. Alibaba's market capitalization stands at $282.35 billion, with a P/E ratio of 24.07.
Uber Technologies (UBER)
Uber Technologies develops and manages various technology applications for mobility services and delivery across numerous regions outside of China and Southeast Asia. It operates in segments including Mobility, Delivery, and Freight. Recently, UBER shares rose by $2.53 to $79.48, with trading volume at 17,374,208, lesser than its average of 30,582,814. Its market cap is $167.36 billion.
Coca-Cola (KO)
The Coca-Cola Company is a leading manufacturer and distributor of nonalcoholic beverages globally, offering products from sparkling soft drinks to juices. On the most recent trading day, KO stock gained $0.57 to close at $68.17, with a trading volume of 11,548,117 shares, just about its average of 15,936,081. The market cap is reported at $293.64 billion.
Berkshire Hathaway (BRK.B)
Berkshire Hathaway operates various segments such as insurance and freight transportation. The stock traded down by $1.49, reaching $471.12 with 1,176,095 shares moving hands. The market cap currently sits at $1.02 trillion.
Booking (BKNG)
Booking Holdings specializes in online travel reservations and restaurant services, connecting customers with a spectrum of accommodation choices. Most recently, BKNG stock rose $66.28 to $4,963.60, trading 89,640 shares, below its average of 258,346. It holds a market cap of $164.29 billion.
For investors interested in the restaurant sector, these companies represent key players worthy of attention based on recent market activity and trading volumes. Keeping tabs on their performance can be beneficial for making informed investment decisions.
Stocks, Investing, Restaurants