4 Restaurant Stocks Worth Buying Now

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Restaurant Stock 3 - Darden Restaurants

Darden Restaurants (DRI) is a large player in the casual dining space. Names in its stable include Red Lobster, Olive Garden and LongHorn Steakhouse.

With that diversification of offerings, DRI held up better than some in the restaurant space. As such the recovery from the bottom has meant a double instead of the triples or more, like we are seeing across the board.

At the current price of $36 per share, DRI trades for 14 times trailing earnings and only 12 times forward earnings. That is a cheap price in my book, and I would be a buyer of growth despite the gains in the near term. I rate DRI an A or Strong Buy.

NEXT - Restaurant Stock Pick 4 - Landry Restaurants