Top Restaurant Stocks To Research - February 02nd

MarketBeat's stock screener tool has identified five restaurant stocks to keep an eye on today. These stocks include Alibaba Group, Berkshire Hathaway, Uber Technologies, Booking, and Coca-Cola. Restaurant stocks refer to publicly traded companies operating in the restaurant sector, which may encompass fast food chains, casual dining spots, gourmet restaurants, or food delivery services. The performance trends of these stocks are typically shaped by consumer spending patterns, food industry trends, and general economic conditions. Recently, these stocks experienced the highest trading volumes within the restaurant sector.

Alibaba Group (BABA)

Alibaba Group Holding Limited offers various technological infrastructure and marketing services to support merchants and businesses in China and globally. The company operates through several segments including China Commerce, International Commerce, and Local Consumer Services among others.

On a recent trading day, BABA shares fell by $4.09, reaching a price of $98.65 with a trading volume of 36,378,141 shares, significantly above its average volume of 16,013,848. Over the past twelve months, Alibaba's stock has fluctuated between a low of $68.36 and a high of $117.82, with a current market cap of $234.66 billion and a P/E ratio of 20.01.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. involves itself in multiple industries through its subsidiaries, including insurance, freight rail transport, and utilities. The company deals in life and health insurance, operates railroads throughout North America, and generates energy across various sources.

Recently, BRK.B shares dropped by $3.96, closing at $468.39, with about 5,439,638 shares changing hands, higher than its average trading volume. The stock has hit a low of $381.48 and a high of $491.67 over the past year.

Uber Technologies (UBER)

Uber Technologies, Inc. focuses on developing technology applications that facilitate mobility, delivery, and freight services globally, excluding parts of Asia. Their services connect consumers with different transportation options, including ridesharing and delivery.

UBER shares saw a slight gain of $0.27, reaching $66.86 during the trading session, with a volume of 19,772,917 shares. The stock's performance over the last year has varied from $54.84 to $87.00.

Booking (BKNG)

Booking Holdings Inc. serves the travel sector by providing platforms for online reservations for hotels, restaurants, and other services globally. The company operates through various brands such as Booking.com, priceline.com, and agoda.com.

BKNG shares dropped by $36.77 recently, valuing them at $4,737.56 with approximately 245,142 shares traded. This stock has experienced a 52-week low of $3,180.00 and a high of $5,337.24.

Coca-Cola (KO)

Coca-Cola Company is a global beverage leader, known for its wide array of nonalcoholic beverages which include soft drinks, juices, and plant-based drinks, among others. The company also provides syrups to fountain retailers.

The latest trading showed KO stock declining by $0.59 to settle at $63.46, with a trading volume of 12,094,877 shares. Over the past year, Coca-Cola's shares have traded between $57.93 and $73.53.

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