Here’s Why Darden Restaurants (DRI) is a Buy

Videos
Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Darden Restaurants (DRI).

This restaurant operator offers strong growth and income while trading at a reasonable price. The company delivered a solid beat for fiscal 2016 Q1, driven by solid same-store sales growth and profit margin expansion. Management also raised its full year guidance, prompting analysts to revise their earnings estimates higher for both 2016 and 2017. This sent the stock to a Zacks Rank #1 (Strong Buy). Darden also pays a dividend that yields a juicy 3.5%.

But what else should investors take away from this company?

Darden Restaurant: http://www.zacks.com/stock/quote/DRI?cid=CS-YOUTUBE-FT-VID
Bloomin Brands: http://www.zacks.com/stock/quote/BLMN?cid=CS-YOUTUBE-FT-VID
Brinker International: http://www.zacks.com/stock/quote/EAT?cid=CS-YOUTUBE-FT-VID
TexasRoadhouse: http://www.zacks.com/stock/quote/TXRH?cid=CS-YOUTUBE-FT-VID

Follow us on StockTwits: http://stocktwits.com/ZacksResearch
Follow us on Twitter: https://twitter.com/ZacksResearch
Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch

Articles You May Like

How Gen Z outpaces past generations in the homeownership race
Trump pitches sovereign wealth fund to pay for infrastructure projects
Jobs report offers no definitive clarity on rate cut size
Bill Burns and Richard Moore: Intelligence partnership helps the US and UK stay ahead in an uncertain world
Labour pressured MP to withdraw motion on winter fuel payments