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Feb. 21, 2020, 3:42 a.m. EST

Cheesecake Facto has the Best Relative Performance in the Restaurants Industry (CAKE , PZZA , TXRH , SHAK , DRI)

Feb 21, 2020 (SmarTrend(R) News Watch via COMTEX) -- We looked at the Restaurants industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Cheesecake Facto (NAS:CAKE) ranks first with a gain of 4.79%; Papa John'S Intl (:PZZA) ranks second with a gain of 2.23%; and Texas Roadhous (NAS:TXRH) ranks third with a gain of 0.63%.

Shake Shack In-A (NYS:SHAK) follows with a gain of 0.30% and Darden Restauran (NYS:DRI) rounds out the top five trading unchanged.SmarTrend recommended that subscribers consider buying shares of Texas Roadhous on October 29th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $58.75. Since that recommendation, shares of Texas Roadhous have risen 10.6%. We continue to monitor Texas Roadhous for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to SmarTrend at cs@mysmartrend.com


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