STKS - Short-term pressures in restaurant sector keep pandemic favorites on the menu

Baird takes a look at the restaurant sector as near-term COVID concerns run up against the positive vaccine news that should impact traffic in 2021."Results from our recent monthly survey generally aligned with our previously published weekly data and showed a slight comps deceleration in October versus September," update analyst David Tarantino and team.Tarantino says the firm is inclined to look past short-term noise when considering the potential for a COVID-19 vaccine eventually to lead to a better operating backdrop, however, it still favors restaurant chains performing well in the current backdrop amid major uncertainties about how the pandemic will impact near- and longer-term buying patterns.On that note, Baird currently has Outperform ratings in place on Chipotle ([[CMG]] +2.0%), Yum Brands ([[YUM]] +0.0%), Domino's Pizza ([[DPZ]] -0.1%), Wingstop ([[WING]] -2.4%), McDonald's ([[MCD]] +0.3%) and Restaurant Brands International ([[QSR]] -0.9%).The Seeking Alpha Quant Ratings tool churns out different names at the

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Short-term pressures in restaurant sector keep pandemic favorites on the menu