3 Restaurant Stocks Built to Outlast the Coronavirus Outbreak
These are unappetizing times for the restaurant industry. Chains are shutting down their dining rooms in the pursuit of pandemic containment, and limiting operations to takeout and delivery for those daring to stay open promises to be a profit-slurping endeavor. Everyone should be prepared for countless indie operators and even a few well-known chains to disappear by the time things return to normal later this year.
The shakeout will inevitably be a financial boost to the survivors, and with many of the industry's no-brainer survivors getting rocked, it's a great opportunity to load up on the publicly traded eateries built to outlast COVID-19. Chipotle Mexican Grill (NYSE: CMG), McDonald's (NYSE: MCD), and Domino's Pizza (NYSE: DPZ) have the right ingredients to thrive later this year, when the coast is clear.
Image source: Chipotle Mexican Grill.
Source Fool.com