Top Restaurant Stocks To Follow Today - March 18th

According to MarketBeat's stock screener tool, five significant restaurant stocks to watch today are Alibaba Group, Berkshire Hathaway, Uber Technologies, Booking, and Coca-Cola. Restaurant stocks represent the publicly traded shares of companies in the restaurant sector, which range from fast food chains to fine dining establishments. Investing in these stocks allows shareholders to have an ownership interest in these businesses. Their stock values are impacted by consumer behavior, economic trends, and challenges specific to the restaurant industry. These companies are noted for having the highest trading volumes among restaurant stocks in recent days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its various subsidiaries, offers technology infrastructure and marketing strategies to help merchants, brands, and retailers engage with customers in China and globally. The company is divided into seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives.

During trading on Tuesday, NYSE:BABA decreased by $3.63 to reach $143.94, with a trading volume of 15,914,340 shares, which is lower than its average volume of 18,888,700. The company has a quick ratio of 1.48, a current ratio of 1.48, and a debt-to-equity ratio of 0.19. Alibaba has a market cap of $342 billion, with a P/E ratio of 20.80 and a beta of 0.27.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. operates in insurance, freight rail transport, and utilities across the globe. It offers various insurance types, operates railroad systems in North America, and manages energy generation and distribution.

On Tuesday, BRK.B fell by $0.46 to $522.55, with trading volume at 2,649,745 shares versus its average of 3,546,255. The stock's 52-week low is $395.66 with a high of $528.05, and it has a market cap of $1.13 trillion, with a P/E ratio of 10.57.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates technology applications across many countries, with segments in Mobility, Delivery, and Freight. The Mobility segment connects consumers to various transportation options.

On Tuesday, UBER shares traded down $1.03 to $71.70, with a volume of 9,971,950 shares against an average of 19,530,279. The company has a market capitalization of $149.79 billion and a P/E ratio of 15.74 with a beta of 1.39.

Booking (BKNG)

Booking Holdings Inc., previously The Priceline Group Inc., provides online travel and restaurant reservation services. It connects consumers with various travel service providers globally.

On Tuesday, NASDAQ BKNG dropped $89.11 to $4,474.28, with a trading volume of 110,610 shares, lower than its average of 231,600. The stock has a market cap of $146.82 billion.

Coca-Cola (KO)

The Coca-Cola Company produces and sells many nonalcoholic beverages worldwide, offering a range of products including sparkling drinks and juices.

On Tuesday, Coca-Cola stock fell $0.49 to $69.63, with a trading volume of 6,622,392 shares. The company holds a market capitalization of $299.49 billion and a P/E ratio of 28.22.

stocks, restaurant, investment