Top 10 'New Frugal' Stocks
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Frugal Stock #4: Cheesecake Factory
If Marie Antoinette where alive today, her famous line, "Let them eat cake," might have been a very specific restaurant recommendation rather than the ignorant and insensitive dismissal of peasant hunger.
The cake here is the Cheesecake Factory (CAKE), which despite the Great Recession is still a favorite among restaurant goers. And who can blame them? With ginormous portions delivered at a reasonable price, getting the biggest bang for the dining buck is just what a Frugal Nation ordered.
Oh, did we mention CAKE shares are up more than 60% in the first four months of 2009? Now that's our kind of cake!
More stocks to trade: 5 Reasons to Avoid Tech & 3 Stocks to Short
More By This Expert
Chris Johnson
Use a Strangle to Profit From Starbucks' Earnings
Starbucks has been a big mover -- up and down -- after earnings, and the company is schedule to report today after the close A strangle creates a win-win for traders.
The earnings projections for Starwood Hotels (HOT) are ridiculously low. Get in before they blow expectations out of the water.
Bullish call activity in YHOO is hitting highs for the year ahead of earnings -- but when they announce it will be a wake, not a party.
XOM may hit earnings estimates, but a big, positive reaction is not likely to materialize, and the newbies will fall over themselves to dump the stock.
McDonald's reports before the bell on Wednesday, and options traders appear to be betting against a good earnings report. Find out why you'll be 'lovin' it' if you bet against them.
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