Promising Restaurant Stocks To Follow Now – March 7th

Alibaba Group, McDonald’s, and Berkshire Hathaway are the three Restaurant stocks to watch today, according to MarketBeat’s stock screener tool. Restaurant stocks are equity shares of companies operating in the restaurant industry, representing ownership stakes in these businesses. They allow investors to participate in the growth and profitability of restaurant chains or independent establishments, with their value influenced by the industry’s overall performance and specific firm factors. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of NYSE:BABA traded up $1.62 during midday trading on Friday, reaching $141.57. 24,882,037 shares of the company’s stock were exchanged, compared to its average volume of 18,576,519. The firm has a market capitalization of $336.35 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 0.61 and a beta of 0.31. The company’s 50 day simple moving average is $104.35 and its two-hundred day simple moving average is $96.30. Alibaba Group has a 12 month low of $68.36 and a 12 month high of $145.30. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48.

McDonald’s (MCD)

McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.

MCD traded up $9.68 during midday trading on Friday, reaching $320.05. 4,473,875 shares of the company’s stock were exchanged, compared to its average volume of 3,324,349. The business has a 50-day simple moving average of $295.13 and a two-hundred day simple moving average of $296.01. The firm has a market capitalization of $228.67 billion, a price-to-earnings ratio of 28.11, a price-to-earnings-growth ratio of 3.10 and a beta of 0.71. McDonald’s has a one year low of $243.53 and a one year high of $323.11.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Berkshire Hathaway stock traded down $0.29 during mid-day trading on Friday, hitting $497.55. 2,195,020 shares of the company were exchanged, compared to its average volume of 3,519,910. The company has a market capitalization of $1.07 trillion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 3.45 and a beta of 0.85. The business has a fifty day moving average of $471.56 and a 200 day moving average of $464.74. Berkshire Hathaway has a 1-year low of $395.66 and a 1-year high of $518.77.