
The pandemic has certainly taken its toll on different industries in different ways. One group that was punished severely is restaurants, a sector that was nearly completely shut down for a portion of this year. The group has come roaring back, however, and the strong stocks within the group look pretty attractive, even after the massive rally.
One such stock is one of the best-run restaurant chains anywhere, Texas Roadhouse (TXRH). Texas Roadhouse has been a sector leader for years thanks to its nearly perpetual same-store sales growth and strong margins. As we can see below, Texas Roadhouse has rallied back to near its previous high, but remains about 15% below it. With the recent pullback from $66, I think Texas Roadhouse looks like a buy for long-term holders.
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