3 Restaurant Stocks Investors Should Own Ahead Of Vaccine Rollout
As 2020 comes to an end, there is finally hope 2021 will be a better year from a health and safety perspective. Tens of millions of Americans could receive a vaccine against the novel coronavirus soon, with hundreds of millions expected to follow suit over the coming months. Many are now cautiously optimistic that a successful vaccine rollout can usher in some sort of return to normal. This would mean that restaurants, one of the hardest-hit sectors during the pandemic, can safely operate indoor and outdoor dining with fewer restrictions. Investors looking to buy restaurant stocks tied to a potential economic reopening have several options. The following is a list of some of the restaurant stocks highlighted by three pros as benefiting from a very supportive environment over the coming months. Bloomin' Brands BMO Capital Markets analyst Andrew Strelzik recently upgraded Outback Steakhouse's parent company Bloomin' Brands Inc (NASDAQ: BLMN ) from Market Perform to Outperform in mid-November, with …
3 Restaurant Stocks Investors Should Own Ahead Of Vaccine Rollout
As 2020 comes to an end, there is finally hope 2021 will be a better year from a health and safety perspective. Tens of millions of Americans could receive a vaccine against the novel coronavirus soon, with hundreds of millions expected to follow suit over the coming months. Many are now cautiously optimistic that a successful vaccine rollout can usher in some sort of return to normal. This would mean that restaurants, one of the hardest-hit sectors during the pandemic, can safely operate indoor and outdoor dining with fewer restrictions. Investors looking to buy restaurant stocks tied to a potential economic reopening have several options. The following is a list of some of the restaurant stocks highlighted by three pros as benefiting from a very supportive environment over the coming months. Bloomin' Brands BMO Capital Markets analyst Andrew Strelzik recently upgraded Outback Steakhouse's parent company Bloomin' Brands Inc (NASDAQ: BLMN ) from Market Perform to Outperform in mid-November, with …