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Jan 30- Shares of Shake Shack Inc more than doubled on Friday, putting a nearly $2 billion price tag on the small cult hamburger chain, in a huge bet that its growth can match top performers in the crowded "fast-casual" dining space. Other hot restaurant debuts have been followed by stock swoons, including Noodles& Co and sandwich maker Potbelly Corp.
CNBC.com took a market-cap weighted basket of burger stocks and found the index had double the returns of the S&P 500 for the last five years.
Low gas prices should benefit the restaurant industry, but these names stand out, analyst Bob Derrington told CNBC.
Nordstrom bucked the trend of lower sales in department stores, while Cosi joined other restaurants in pointing to high food costs for its earnings miss.
Amid near-historic low interest rates, surging markets and record earnings, investors are finding few cheap stocks just one month after bargains were abundant.
Fatburger has rolled out a new "Skinny Burger" that has a lot of meat, but apparently not a lot of calories.
With declines of 30 percent year to date, you may be thinking about nibbling on these stocks. Cramer, however, says they're far from delectable.
In the crowded fast-casual market dominated by the likes of Chipotle and Panera, a celebrity-backed burger joint may also be a secret sauce to success.
U.S.stocks closed higher on Thursday at August highs despite subpar economic data around the world, and after conciliatory remarks from Putin.
More than a dozen food retailers have cited higher costs hurting results last quarter as prices for some staples, like cheese, soar.
Take a look at some of Thursday's midday movers:
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.
Some of Tuesday's midday movers:
Last year, consumers at bars and restaurants cut back on their orders of alcoholic beverages and that trend continues into 2014. USA TODAY reports.
Steve Carley, Red Robin Gourmet Burgers CEO, weighs in on burger innovation and the impact this winter's weather has had on his business.
The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.
Take a look at some of Wednesday's midday movers:
Take a look at Tuesday's midday movers:
The "Mad Money" host compares these restaurant stocks.
Three companies offer winning plays on increased consumer spending, Jeff Lick says.