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CAKE: IBM Big Data Analytics

|Includes:The Cheesecake Factory Incorporated (CAKE)

The Cheesecake Factory Incorporated (NYSE: CAKE) is a stock worth watching. The Cheesecake Factory has been able to meet its new 52 week high of $38.67. The popular restaurant chain will now be using IBM's (NYSE: IBM) Big Data Analytics to analyze large data sets from its 175 locations across the U.S. Being able to leverage collecting big data of The Cheesecake Factory's customer behavior patterns is significant. The use of Big Data analytics will help in providing the high quality experience to its customer base. The Cheesecake Factory's shares have had an excellent run this month. Current earnings per share is $1.78. The Cheesecake Factory began trading ex-dividend on March 04, 2013. A cash dividend payment of $0.12 per share was paid on March 19, 2013. Zacks Investment Research reported The Cheesecake Factory forecasted earnings growth in 2013 as 13.75%, compared to industry average of 17.9%

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: CAKE