There’s a huge rally coming our way, folks.
I’ve gone over this before and I’ll do it again... sentiment is changing. More and more people are getting vaccinated and looking to go out. But more specifically, they’re ready to eat at their favorite restaurants again.
So in this video, we’re going deep down into food and restaurant stocks set to profit because I want my readers to actually get in on it before the summer rush.
The bottom line is that people are getting ready to travel this summer, so these three restaurant stocks set to profit are exactly the kind of the names you want to be in.
So what I tend to do is look at specific sectors to see how many stocks are trading near new highs. I first found Starbucks Corp. (Nasdaq: SBUX), which is one of the restaurant stocks set to profit I’ll talk about in the video below.
You can analyze stock charts on any service or platform. I just use barchart because it’s easy to use and doesn’t cost me anything — making it an ideal platform for you as well!
I went to the competitors tab under retail restaurants and started to look for names hitting 52-week highs to get their last price. That way I can see if and what other stocks are close to that figure, too.
If so, it means the sector is rallying.
But the point I’m trying to make is that a lot of these stocks are at or near 52-week highs. And I’ve selected what I think are the three best restaurant stocks set to profit for my subscribers to start targeting now.
So in other words, these stocks have the greatest chance to move higher throughout the summer months.
The first name I’m giving away today is at its highest level in nearly three years, and you’ll notice that it’s coming off sideways congestion. When stocks base like this, they usually consolidate... move sideways some more... then breakout.
And this restaurant stock set to profit is in that period right now...
So check out my short video below, and be sure to share your thoughts on my three picks in the comments section at the bottom of this page.
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