Below is a list of the 30 biggest restaurant stocks in the Russell 3,000 run through our trading range screen. The rally in McDonald's (MCD) has received a lot of attention recently because it is the biggest of the bunch, but the entire group has been doing very well. As shown below, only 2 of the 30 names listed are currently trading below their 50-day moving averages (Sonic and Red Robin), while 23 are trading in overbought territory. Well-known names like Buffalo Wild Wings (BWLD), Chipotle (CMG), Brinker (EAT), PF Changs (PFCB), Panera (PNRA), and Yum! Brands (YUM) are all trading more than 2 standard deviations above their 50-days. While the S&P 500 is still down for the year, the average stock in this group is up 24.25% in 2010. Chipotle (CMG) is up the most at 88.97%, followed by Domino's Pizza (DPZ) and DineEquity (DIN). Sonic (SONC) is down the most at -22%.
Restaurant Stocks Shoot Higher
Source: Restaurant Stocks Shoot Higher