StockCall.com Provides Stock Research on McDonald's Corp., Buffalo Wild Wings Inc., Texas Roadhouse Inc., and Jamba Inc.
New York City, New York -- (June 07, 2013)
A report released by Thomson Reuters/University of Michigan last week showed that consumer sentiment in the U.S. rose to multi-year high levels. Consumer confidence in the U.S. has been recovering on the back of ongoing improvement in labor market. Rising consumer confidence augurs well for restaurant operators. Consumer confidence could receive further boost if the May jobs report comes in stronger-than-anticipated. On Thursday, June 6, 2013, shares in restaurant companies ended mostly higher, tracking gains in the broader market. The major movers in the sector included McDonald’s Corporation (NYSE: MCD), Buffalo Wild Wings (NASDAQ: BWLD), Texas Roadhouse Inc. (NASDAQ: TXRH), and Jamba Inc. (NASDAQ: JMBA). StockCall reviewed the Restaurants industry and chose MCD, BWLD, TXRH, and JMBA for its technical coverage. These free reports can be seen for free at
Shares in McDonald’s Corporation ended slightly higher on Thursday as they oscillated between $95.16 and $96.83. MCD finished the day 0.27% higher at $96.68 with a total of 5.82 million shares exchanging hands. The stock’s daily average volume is 5.53 million. However, despite the gains, the company’s shares are still down more than 1.30% in the last three sessions. Additionally, so far this year, MCD has gained nearly 11.40%, but it is still underperforming the S&P 500. The stock is currently trading 6.03% below its 52-week high. What’s more, it is moving below its 50-day moving average. Download the free research on MCD by signing up now at
www.StockCall.com/MCD060713.pdf
Buffalo Wild Winds rose sharply yesterday, reversing most of its losses from the previous sessions. The company’s shares ended the day at $95.36, or up 1.80%, thus creating a new intraday high. A total of 242,533 shares were traded which is less than half of the daily average volume of 523,244. Furthermore, despite the rise on Thursday, the stock is down more than 0.70% for the last three trading sessions. However, so far this year, shares of BWLD have gained nearly 31%, thus outperforming the S&P 500. The stock is currently trading close to its 52-week high of $97.49. Register for today’s free analysis on BWLD at
www.StockCall.com/BWLD060713.pdf
Shares in Texas Roadhouse Inc. moved 0.93% higher on Thursday, reversing some of its losses from earlier in the week. The company’s shares hit an intraday high of $23.95 before finishing the day at $23.85 on a volume turnover of 773,620 shares which is in-line with its daily average volume of 773,241. However, despite the gains made yesterday, the company’s shares have fallen over 1.10% in the last three trading sessions. So far this year, TXRH’s shares have gained over 42.80%, thus outperforming the S&P 500. The stock currently faces resistance at around $24.50. Free report on TXRH can be accessed by registering at
www.StockCall.com/TXRH060713.pdf
Jamba Inc.’s stock rallied on Thursday, extending its gains from the previous trading sessions. The company’s shares hit a 52-week high of $16.88 before closing the day 3% higher at $16.84. A total of 360,026 shares were traded yesterday which is more than double the company’s daily average volume of 174,928. The stock has seen growth of over 10.60% in the last three sessions, and its shares are now trading well above their 50- and 200-day moving averages. Additionally, so far in 2013, JMBA has gained nearly 50.40%, thus outperforming the S&P 500.Register withStockCall and download the research on JMBA for free at
www.StockCall.com/JMBA060713.pdf
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