Scalper1 News
Three of every four Americans say that dining at restaurants is a better use of their time than cooking and then cleaning up, according to a recent National Restaurant Association survey. Given that reality, shouldn’t restaurant stocks be doing better? Year to date IBD’s Retail-Restaurant stock group is down 2% vs. a 7% gain for the S&P 500. What’s behind the laggard performance? The U.S. economy is the first obstacle. Annual GDP growth slowed in Scalper1 News
Scalper1 News