Opinions
Glenn Paradis, BA, CFA
Prime Restaurents
EAT-T
PAST TOP PICK
Sep 12, 2002
(Was a top pick on July 19.) Didn't perform well.
$9.120
Stock price when the opinion was issued
Financial Services
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BUY
It reported a great quarter: Chili's brand grew 31.4%, $2.80 EPS beat by nearly 1 dollar. And yet shares have collapsed in the the past month. So of this is pure profit-taking after a huge run-up. Softer traffic in some locations was down to bad weather in early February. He's long liked this for the same reason: it offer customers great value. It attracts customers of all incomes.
Financial Services