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7 Restaurant Stocks Starting To Look Appetizing

December 27, 2007 at 8:03 pm
by Timothy Sykes

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Looking through some charts tonight I found IHOP (NYS: IHP), which has gotten absolutely decimated int he last two months, losing nearly 50%.

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I immediately began looking through other restaurant stock charts and what I found wasn’t pretty. Here are six other nasty looking charts, all of which have the potential to bounce due to the January effect

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CKE RESTAURANTS (NYSE: CKR)

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PANERA BREAD (Nasdaq: PNRA)

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THE STEAK N SHAKE CO (NYSE: SNS)

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CBRL GROUP INC (Nasdaq: CBRL)

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COSI INC (Nasdaq: COSI)

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RUBY TUESDAY INC (NYSE: RT)

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