Here’s Why Darden Restaurants (DRI) is a Buy

1 min read

3 years ago admin

Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Darden Restaurants (DRI).

This restaurant operator offers strong growth and income while trading at a reasonable price. The company delivered a solid beat for fiscal 2016 Q1, driven by solid same-store sales growth and profit margin expansion. Management also raised its full year guidance, prompting analysts to revise their earnings estimates higher for both 2016 and 2017. This sent the stock to a Zacks Rank #1 (Strong Buy). Darden also pays a dividend that yields a juicy 3.5%.

But what else should investors take away from this company?

Darden Restaurant: http://www.zacks.com/stock/quote/DRI?cid=CS-YOUTUBE-FT-VID
Bloomin Brands: http://www.zacks.com/stock/quote/BLMN?cid=CS-YOUTUBE-FT-VID
Brinker International: http://www.zacks.com/stock/quote/EAT?cid=CS-YOUTUBE-FT-VID
TexasRoadhouse: http://www.zacks.com/stock/quote/TXRH?cid=CS-YOUTUBE-FT-VID

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