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We're exiting our position in this restaurant stock — here's why
The market is cheering Friday, but we see limited upside from here.
14 words~1 min read
The market is cheering Friday, but we see limited upside from here.
Get this delivered to your inbox, and more info about our products and services.

We're peeling off some shares, which were bucking Wednesday's broader market decline.

This stock has stalled out since July alongside a lack of positive earnings revisions.

The company's earnings report wasn't perfect, but the long-term story is still intact.

We're adding back half the 80 shares we sold around $190 in May, and upgrading our rating to 1.

There's no indication of a material problem for the business. The stock, however, plays by different rules.

Our early spring cleaning of the portfolio continued.