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 |
$27.89 | $24.97 | $31.94 | 40.2 |
|
Jack in the Box |
$20.89 | $18.25 | $24.51 | 17.6 |
|
Denny's |
$3.58 | $3.11 | $4.37 | 14.9 |
|
Cracker Barrel |
$42.98 | $37.31 | $57.79 | 11.9 |
|
Yum! Brands |
$54.14 | $46.27 | $57.75 | 21.2 |
|
Arcos Dorados |
$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 |
$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.
