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This High-Risk Stock Could Be a Big Winner If Its New CEO Can Deliver Results

This popular restaurant operator is trading at its lowest price in over a decade.

By Matt Frankel, CFP and Jon Quast – Aug 24, 2024 at 8:43AM EST

Cracker Barrel (CBRL 5.20%) hasn't been a great investment for the past few years. After reaching an all-time high in 2021, the stock has been beaten down to a 13-year low. However, in this video, Fool.com contributors Jon Quast and Matt Frankel discuss what it might take to turn the business around.

*Stock prices used were the morning prices of Aug. 20, 2024. The video was published on Aug. 21, 2024.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

Jon Quast has no position in any of the stocks mentioned. Matt Frankel has no position in any of the stocks mentioned. The Motley Fool recommends Cracker Barrel Old Country Store. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Cracker Barrel Old Country Store Stock Quote
Cracker Barrel Old Country Store
NASDAQ: CBRL
$29.74
(-5.20%)-$1.63

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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