5 Top Restaurant Stocks to Buy Now For 2020
The restaurant industry is a tough nut to crack. Consumer tastes can be fickle, competition is fierce, and profit margins are low. Plus, only a handful of restaurant stocks -- nearly all of them here in the U.S. -- have provided big gains for investors over the long-term. For the most part, small and upstart restaurant businesses struggle, or don't make it at all.
Nevertheless, every once in awhile a chain creates and maintains a loyal following and profitably expands. According to research from the Perry Group, restaurants that have been around for at least a decade are incredibly resilient. Although volatile and still at risk from negative industry trends, restaurant stocks that have stuck around for awhile are a solid bet on the growing global trend toward someone else doing the cooking. Five that are buys for 2020 (and beyond) are McDonald's (NYSE: MCD), Starbucks (NASDAQ: SBUX), Texas Roadhouse (NASDAQ: TXRH), Shake Shack (NYSE: SHAK), and Yum China (NYSE: YUMC).
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Source Fool.com
