Darden Restaurants Looks Like a Winner
It is very important to see how a stock has stood up to its competition in the market and Darden has some very big competition. Over the past six months, Darden is up 19% along with Starbucks
Summary: Darden Restaurants is the kind of stock I consider buying. The analysts have predicted increasing revenue and sales at a time when the stock has upward price momentum. The stock has a solid balance sheet with an "A" financial strength rating and enjoys a positive following from both the professional and individual investor.
Changes in the numbers will be reflected in the price almost immediately, so please monitor any holding you consider by watching the moving averages and the support of the lower 14-day turtle channel. The market will signal exit points:
Disclosure: Darden Restaurants is on my growth stock watch list but at the present time is not included in any of my model portfolios. Charts provided by Barchart.com.