By
Anand Chokkavelu, CFA
|
More Articles
October 31, 2011
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If you're aiming to "buy low and sell high," then it makes infinite sense to start your search with bargain-priced stocks. Regularly reviewing a list of stocks trading near their 52-week lows can be a great first step.
In this series, I do the initial legwork for you. To prevent us from being inundated with scores of disparate companies, I conduct my search by industry. This allows us to make some initial comparisons among semi-related companies.
Today, let's look at the restaurant space. Below are the 10 stocks that are within 20% of their 52-week lows and have market caps above $200 million.
|
Company
|
Recent Price
|
52-Week Low
|
52-Week High
|
P/E Ratio (Trailing)
|
| Dunkin' Brands (Nasdaq: DNKN ) |
$27.89 |
$24.97 |
$31.94 |
40.2 |
| Jack in the Box (Nasdaq: JACK ) |
$20.89 |
$18.25 |
$24.51 |
17.6 |
| Denny's (Nasdaq: DENN ) |
$3.58 |
$3.11 |
$4.37 |
14.9 |
| Cracker Barrel (Nasdaq: CBRL ) |
$42.98 |
$37.31 |
$57.79 |
11.9 |
| Yum! Brands (NYSE: YUM ) |
$54.14 |
$46.27 |
$57.75 |
21.2 |
| Arcos Dorados (NYSE: ARCO ) |
$23.09 |
$19.70 |
$29.43 |
45.2 |
| Wendy's |
$5.09 |
$4.29 |
$5.62 |
NM |
| Darden Restaurants |
$48.50 |
$40.69 |
$53.81 |
14.3 |
| Texas Roadhouse (Nasdaq: TXRH ) |
$14.58 |
$12.21 |
$18.52 |
17.8 |
| The Cheesecake Factory |
$28.36 |
$23.65 |
$34.07 |
19.3 |
Sources: S&P Capital IQ, Yahoo! Finance.
Although each of these restaurants trade near their 52-week lows, we should note that the price ranges we're seeing are relatively tight overall. You can see that none of the 52-week highs is twice its corresponding 52-week low. That may seem like a big gap, but it's quite common.
The company with the lowest P/E ratio in the group is Cracker Barrel, whose stock has been eyed by Biglari Holdings. Biglari recently upped its stake in Cracker Barrel from 9.3% to 9.9%.
If you are interested in continuing your research on a stock mentioned here, add it to My Watchlist to stay abreast of all of our Foolish analysis.
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