5 Best Restaurant Stocks To Buy Today

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1. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Holders: 55

Starbucks Corporation (NASDAQ:SBUX) is a Seattle, Washington-based operator of coffeehouses with a presence in 80 countries. The company has the distinction of being the operator of the biggest coffee house chain in the world.

Starbucks Corporation (NASDAQ:SBUX) stock offers a dividend yield of 2.49% as of October 31. Experts are positive about the long-term investment thesis of Starbucks Corporation (NASDAQ:SBUX) stock with slight short-term uncertainty. The strength of the brand, its focus on scale, innovation, rewards program, and positive outlook on coffee consumption will play in Starbucks Corporation’s (NASDAQ:SBUX) favor.

CEO Howard Schultz is trying to reinvent Starbucks Corporation (NASDAQ:SBUX) as the company is investing heavily in new equipment to drive greater efficiency and lower complexity of operations. Starbucks Corporation (NASDAQ:SBUX) is focusing on expanding its cold coffee-based beverages segment, as 80% of the company’s top line is now being generated by cold beverages. Starbucks Corporation (NASDAQ:SBUX) is considered amongst the best restaurant stocks as the management plans to boost EPS by 15% to 20% annually in the following years. These are ambitious but attainable long-term targets.

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