This post was originally published on this site
While good-quality customized steaks are now available online thanks to the COVID-19 pandemic-driven adoption of online platforms by several restaurants and steakhouses, the pent-up demand to dine on steaks at eateries is helping steakhouses and restaurants generate high foot traffic.
Therefore we think restaurants that specialize in serving steaks, such as Darden Restaurants, Inc. (DRI), Ruth’s Hospitality Group, Inc. (RUTH), and The ONE Group Hospitality, Inc. (STKS), should benefit from this trend in the near term, especially during the holiday season. So, it could be wise to bet on these stocks now.
