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Shake Shack In-A has the Best Relative Performance in the Restaurants Industry (SHAK , NDLS , EAT , MCD , DNKN )

By James Quinn

We looked at the Restaurants industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Shake Shack In-A (NYSE:SHAK ) ranks first with a gain of 8.05%; Noodles & Co (NASDAQ:NDLS ) ranks second with a gain of 6.04%; and Brinker Intl (NYSE:EAT ) ranks third with a gain of 1.32%.

Mcdonalds Corp (:MCD ) follows with a gain of 1.10% and Dunkin' Brands G (:DNKN ) rounds out the top five with a gain of 1.05%.

SmarTrend recommended that its subscribers protect gains by selling shares of Shake Shack In-A on October 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $93.64. Since that call, shares of Shake Shack In-A have fallen 31.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance shake shack in-a noodles & co brinker intl :mcd mcdonalds corp :dnkn dunkin' brands g

Ticker(s): SHAK NDLS EAT