Is This Dividend Stock a Buy Right Now?
Down 13% over the last year, the S&P 500 index has fared poorly in recent months. Given the uncertainty surrounding elevated inflation and surging interest rates, this shouldn't be surprising.
But some stocks performed much worse than this, while others performed much better. The restaurant holding company Darden Restaurants (NYSE: DRI) fits into the latter category, up 17% in the last 12 months.
After such a vast outperformance versus the broader markets, should income investors still buy shares of Darden? Let's dive into the company's fundamentals and valuation to find out.
Source Fool.com
