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home / news releases / CBRL - Cracker Barrel: The Bottom Is In


CBRL - Cracker Barrel: The Bottom Is In

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Shares of restaurant stocks have been decimated since the start of the year. The reason is obvious; an entire industry's demand suddenly collapsed. However, for the good ones that have enough liquidity to ride out the storm, there are bargains to be had. One such bargain, in my view, is Cracker Barrel (CBRL). I said back in January that the stock should be avoided because it was fully valued at the time. That isn't a problem any longer, however, and I think we have seen the bottom.

Steady upward growth trajectory

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Stock Information

Company Name: Cracker Barrel Old Country Store Inc.
Stock Symbol: CBRL
Market: NASDAQ
Website: crackerbarrel.com

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