Strategies & Market Trends : BAK - Investing


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From: Zoso_175/1/2012 11:08:34 AM
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Restaurant idea: TXRH

I have owned some shares in Texas Roadhouse (TXRH) for a few years. I think it is a pretty decent play if you are looking for something in the casual dining sector. They are growing at a nice steady pace (25 openings per year) and should have about 400 locations by end of 2012. Combine that with same store sales growth and it should be able to grow at least at 15% for the next few years.

Clean balance sheet, good management team, menu pricing and quality is good. There is a location down the road from me that I frequent which first got me interested in the company several years ago.

This is definitely not a fad or fast growing hype stock like CMG but personally I prefer slower growing value plays to the fast growers. So you are not going to get rich on it, but at the same time you get more value for your investment.

Anyway here is the 1st quarter results from yesterday:
finance.yahoo.com 


I should also add that the stock price can often lag behind the market so you can probably pick it up a lot cheaper than the current price if you have patience.
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