The restaurant industry was hit hard during the pandemic. But unlike other sectors that are back in action, many restaurants still face closed dining rooms and ongoing uncertainty. Many independent eateries were completely devastated over the past year, and while some of that business could ultimately go to bigger chains, even the big brand names are still working their way back to the to the top. But not all the news is bad. Starbucks (NASDAQ: SBUX) , Texas Roadhouse (NASDAQ: TXRH) , and Domino's Pizza (NYSE: DPZ) are all companies that will thrive after the pandemic and are top buys going into 2021.
Starbucks got absolutely crushed when the pandemic started as its core customer base began to work from home and dining rooms were shut down. But America's largest coffee chain was well positioned the handle the downturn with cash on hand and innovative solutions to keep the coffee flowing.
Image source: Starbucks.
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3 Best Restaurant Stocks to Buy Now