Is Darden Restaurants a Buy?
The pandemic has been hard on restaurants by forcing them to subsist on takeout and delivery orders, and some have been unable to survive. Those that have, however, have seen their stocks soar on the potential for in-restaurant dining to revive their business.
Darden Restaurants (NYSE: DRI) is among the top restaurant stock performers, with shares rallying 280% higher from their March lows. Yet as we head into the winter months, investors need to look more closely to see if the owner of Olive Garden and LongHorn Steakhouse can keep the momentum going.
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Source Fool.com