3 Plunging Restaurant Stocks to Eat Up for Cheap
CAVA (CAVA) Investor Place·2024-07-25 20:00
Restaurant stocks have been hit rather hard in this inflationary climate. Thanks to customers’ resistance to higher prices, the pricing power of various fast-food firms has proven somewhat limited recently. However, I do think waning inflationary pressures and price rollbacks could help the quick-serve restaurant and fast-food firms stage a much-awaited comeback.Sure, some restaurants may need to sacrifice their margins to reverse falling in-store traffic trends. Regardless, such a hit, I believe, will be t ...