• Return to Headlines

Shares of Shake Shack In-A Rank the Highest in Terms of Relative Performance in the Restaurants Industry (SHAK , BLMN , SBUX , CAKE , CMG )

By Nick Russo

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 3.13%; Bloomin' Brands (:BLMN ) ranks second with a gain of 2.06%; and Starbucks Corp (NASDAQ:SBUX ) ranks third with a gain of 1.08%.

Cheesecake Facto (NASDAQ:CAKE ) follows with a gain of 0.97% and Chipotle Mexican (NYSE:CMG ) rounds out the top five with a gain of 0.84%.

SmarTrend recommended that subscribers consider buying shares of Chipotle Mexican on January 3rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $444.04. Since that recommendation, shares of Chipotle Mexican have risen 43.5%. We continue to monitor Chipotle Mexican for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance shake shack in-a :blmn bloomin' brands starbucks corp cheesecake facto chipotle mexican

Ticker(s): SHAK SBUX CAKE CMG