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The Cheesecake Factory: Is This Restaurant Stock a Buy?

TheMotleyFool

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Shares of The Cheesecake Factory (NASDAQ: CAKE) are down over 20% since reporting earnings at the end of July. Contrary to what you might expect, results for the quarter weren't so bad.

Add to the drop that the company's shares have trailed the industry for the past six months, and you might be wondering if it's time to add the restaurant stock's shares to your portfolio.

^SP15RSSTR data by YCharts

Source Fool.com

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