This is a great time to consider ingesting some restaurant stocks into your portfolio. The economy's humming, which usually leads to folks eating out more often. And even when people would prefer to eat in, the rapidly growing popularity of third-party restaurant delivery businesses has shifted the burden of fulfillment away from the actual eatery operators, making it possible for many more of them to put their food on our tables rather than on their own.
Some chains have adapted to the changes in the environment better than others, but I see plenty of opportunities for both growth and turnaround plays in the restaurant industry. Wingstop (NASDAQ: WING), Dave & Buster's (NASDAQ: PLAY), and Luckin Coffee (NASDAQ: LK) are three that I see moving higher in the year ahead.
Image source: Wingstop.