Top 10 'New Frugal' Stocks
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Frugal Stock #3: Panera Bread
Remember a few years back when low-carb eating was all the rage? Well, those days are gone, and a Frugal Nation is back to eating bread in a big way. The biggest beneficiary of the back-to-bread craze is Panera Bread (PNRA). While not exactly a fast-food restaurant, Panera isn't quite a traditional sit-down restaurant either. Sandwiches, pastries and, yes, some very tasty bread choices are all part of the appeal of this food seller.
And in terms of the stock's appeal with profit-hungry Wall Street, well, there is no doubt that bread is in. Panera shares haven't seen any kind of recession so far in 2009, having surged more than 20% in the first four months of the year.
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