MightyMo's Blog : The Party #9: The Party welcomes Eateries

The latest high-powered stock that some considered 'too hot to handle' is up 4.79% in after-market trading after reporting stellar 3rd qtr earning. It is Chipote (CMG). which closed Thursday at 179.25.

It follows 'Big Mac' (McDonald's, MCD) which is at an all-time high.

Throw in Panara (PNRA) at an all-time high where one goes to log on to their laptop first then eat second.

BJ's and CAKE (Cheesecake factory) also beat expectations.

Add in Buffalo Wild Wings (BWLD) which has been on a tear since last May and you have the makings of a hot sub-sector of stocks.

...Might also add Sonic (SONC) which has popped from 7 to 9 plus.

...and of course we can't forget one of the hottest trenders in YUM, also at an all-time high. Add the well-managed DRI group as a winner as well.


CMG.. will, not if, rise to 200
MCD.. will, not if, hit the big 100
YUM.. should make 60
PNRA will, not if, sniff 100

How lucky are you? Wanna bet on Texas Roadside (TXRH)?

Welcome to the market party, the bulls are still hungry!

Disclosure: I own CMG.
Note: "The Party" is a series of blogs written on the Zack's People & Picks web site. These blogs have correctly predicted the DOW to 11000, resistence in 11000 range, GOLD's decline, QQQQ up since September, the tech rally, 'hot stocks' and much more.