Top Restaurant Stocks To Follow Today - March 18th

As of March 18th, five restaurant stocks are gaining attention in the market. According to stock screener tools, these stocks are Alibaba Group, Berkshire Hathaway, Uber Technologies, Booking, and Coca-Cola. Each of these companies has notable positions in the restaurant industry, which includes a range of businesses from quick-service restaurants to high-end dining options.

Investing in restaurant stocks means acquiring shares in publicly traded companies that operate in the food service sector. The performance of these stocks is impacted by various factors including consumer preferences, economic environments, and specific challenges within the restaurant sector. These five companies currently exhibit the highest trading volume among restaurant stocks.

Alibaba Group (BABA)

Alibaba Group Holding Limited is a major player in technology and e-commerce. Through various subsidiaries, it provides essential infrastructure and marketing services for merchants, brands, and retailers to connect with customers both in China and globally. The company operates through several segments including China Commerce, International Commerce, Local Consumer Services, and Cloud Computing.

During trading on Tuesday, the stock price for NYSE:BABA decreased by $3.63, reaching $143.94. A total of 15,914,340 shares were traded, slightly below its usual trading volume of 18,888,700. The company boasts a market capitalization of $342 billion and has shown significant growth potential with a P/E ratio of 20.80 and a P/E/G ratio of 0.61.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. operates across a wide range of sectors including insurance, transportation, and utilities. The firm is involved in various businesses including property and casualty insurance, freight rail transportation, and electric utilities. Its diverse portfolio allows it to maintain a strong presence in multiple markets.

On Tuesday, the stock for BRK.B traded down by $0.46 to $522.55. Its trading volume hit 2,649,745 shares, slightly less than the average of 3,546,255. With a market cap of $1.13 trillion and a P/E ratio of 10.57, Berkshire Hathaway continues to be a stalwart in the investing arena.

Uber Technologies (UBER)

Uber Technologies, Inc. primarily functions through advanced technology applications in regions like North America, Latin America, and parts of Europe and Asia. The company is split into three major segments: Mobility, Delivery, and Freight, offering various services ranging from ride-sharing to food delivery.

On Tuesday, UBER's stock price fell by $1.03 to reach $71.70, with a trading volume of 9,971,950 shares. The company has a market capitalization of $149.79 billion and a P/E ratio of 15.74, indicating strong performance metrics.

Booking Holdings (BKNG)

Booking Holdings Inc. specializes in online reservation services for travel and dining. Under its brands such as Booking.com and priceline.com, it provides consumers with bookings for accommodations and travel services worldwide.

On Tuesday, BKNG shares decreased by $89.11, reaching a trading price of $4,474.28. The stock displayed a trading volume of 110,610 against an average of 231,600, maintaining a market cap of $146.82 billion and a P/E ratio of 25.93.

Coca-Cola (KO)

The Coca-Cola Company manufactures and markets a variety of non-alcoholic beverages globally. Known for its extensive range of sodas, juices, and other drinks, Coca-Cola plays a critical role in the beverage supply chain, catering to many restaurants and retail stores.

On Tuesday, KO shares fell by $0.49 to a price of $69.63, with a trading volume of 6,622,392 shares, which is lower than the typical volume of 13,933,114. Coca-Cola has a formidable market cap of $299.49 billion and a P/E ratio of 28.22.

stocks, restaurant, investing