- Grocery store and restaurants stocks are rallying in force as the two sectors see some rare momentum.
- A couple of factors could be coming into play with jobless claims lower and some key wholesale food costs moderating. A slightly more positive read on food/restaurant spending from key companies is also in the mix.
- Advancers: Safeway (SWY) +2.9%, SuperValu (SVU) +1.5%, Whole Foods Market (WFM) +1.3%, Roundy's (RNDY) +2.5%, Jack In the Box (JACK) +5.6%, BJ's Restaurants (BJRI) +3.1%, Cracker Barrel (CBRL) +2.8%, Ruth's Hospitality (RUTH) +2.5%.
Grocery and restaurant stocks get busy
Nov 21 2013, 11:18 ET