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

Videos
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

Follow us on StockTwits: http://stocktwits.com/ZacksResearch
Follow us on Twitter: https://twitter.com/ZacksResearch
Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch

Articles You May Like

Blinken cancels China trip following discovery of spy balloon
Munis slightly firmer after Fed hikes rates 25bp
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
Shiba Inu price rebounds 100% after record lows against Dogecoin — More upside ahead?
Here’s Why Chesapeake Energy Shares Were Halted on Tuesday