FeedPosted Oct 13th 2009 4:30PM by Joseph Lazzaro (RSS feed)
Filed under: Darden Restaurants (DRI), Stocks to Buy

Simply,
Darden Restaurants Inc. (NYSE:
DRI) will be a restaurant sector survivor, following the sector's restructuring amid the 'frugal consumer' trend, and that's why I'm Reiterating my Buy rating for DRI, first recommended
on June 25, 2009 at a price of $32.78.
Darden's stock
has meandered since the June, and its slight downtrend, combined with difficultly remaining above the key 50-day moving average, in normal times would have prompted a re-evaluation of the June Buy rating.
Continue reading Darden Restaurants knows how to attract those precious, discretionary dollars
Posted Sep 30th 2009 12:40PM by Brent Archer (RSS feed)
Filed under: Earnings reports, Darden Restaurants (DRI), Options, Technical Analysis
Darden Restaurants (NYSE: DRI - option chain) stock traded lower Wednesday after the company, which includes Red Lobster and the Olive Garden, reported Q1 earnings Tuesday of $94.3 million. That is equal to 67 cents per share, which beat analysts' forecasts by a penny. However, Darden's net sales came in at $1.73 billion, missing analysts' forecasts of $1.78 billion by almost 3%. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on DRI.
DRI opened at $33.53 Wednesday. In morning trading the stock hit a high of $33.58 and a low of $32.51. As of 11:15, DRI was trading at $32.86, down $3.32 (-9.2%). The chart for DRI looks bearish and S&P gives DRI a negative 2 STARS (out of 5) sell ranking.
Continue reading Darden Restaurants (DRI) Q1 earnings wrap-up
Posted Sep 28th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Darden Restaurants (DRI), Research in Motion (RIMM), NIKE, Inc'B' (NKE), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says a good shakeout on Monday would prepare us for a "fulcrum day" on Tuesday.
Could have been worse. With Research In Motion (NASDAQ: RIMM) (Cramer's Take) never lifting -- which was, by the way, wrong after a certain point -- and oil not rallying, you had no place to go. Last week we lost tech, banks, and oil. You can't even go up with just two of them, so to lose all three was dreadful.
I said last week that the calendar just didn't favor the bulls. The propensity to want to lock in gains ahead of the last weekend in September -- the one that is ended by the Yom Kippur holiday, which will always have thin trading -- is just too great.
Plus, don't forget that every month that is supposed to be bad gets tons of play for being bad: October! Ooooooo, scary! You know that's going to happen again.
Continue reading Cramer on BloggingStocks: Setting up for Tuesday
Posted Sep 27th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Darden Restaurants (DRI), NIKE, Inc'B' (NKE), Economic data
Autumn has arrived and the quarter winds down this week. The Dow has been inching toward 10,000 for a while now, though it closed lower in the past three sessions. Can it make it to 10,000 for the start of the third quarter? If so, what will push it higher? If not, what will drag it down further?
Continue reading The week in preview: Is the rally over?
Posted Jul 16th 2009 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Cisco Systems (CSCO), Motorola (MOT), American Express (AXP), Darden Restaurants (DRI), Oracle Corp (ORCL), QUALCOMM Inc (QCOM), Analyst initiations, Raytheon Company (RTN)
Analyst upgrades:
- Citigroup upgraded Sunoco Logistics (NYSE: SXL) to Buy from Hold on valuation and raised its target on shares to $60 from $56.50. The firm sees better value in Sunoco Logistics than Enbridge Energy Partners (NYSE: EEP), which it downgraded to Hold.
- BofA/Merrill believes Raytheon (NYSE: RTN) offers the most potential upside in the larget cap defense sector. The firm upgraded shares to Buy from Neutral and has a $62 target on the stock.
- Roth Capital upgraded Nvidia (NASDAQ: NVDA) to Buy from Hold based on seasonality, multiple product cycles, and valuation. Roth's target remains $15.
- Oracle (NASDAQ: ORCL) was upgraded to Buy from Hold at Societe Generale.
- EnerNOC (NASDAQ: ENOC) was upgraded to Outperform from Neutral at RW Baird.
- American Express (NYSE: AXP) was upgraded to Neutral from Underweight at JP Morgan.
Continue reading Analyst calls: RTN, NVDA, ORCL, AXP, MOT, PM, CSCO, QCOM, DRI ...
Posted Jun 27th 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Walgreen Co (WAG), Bed Bath and Beyond (BBBY), Kroger Co (KR), ConAgra Foods (CAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Lennar Corp'A' (LEN), Oracle Corp (ORCL), Red Hat Inc (RHT), CKE Restaurants (CKR), Rite Aid Corp (RAD), Potash Corp. of Saskatchewan (POT)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Nike, Oracle, Kroger, Walgreen, Monsanto, KB Home ...
Posted Jun 21st 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Walgreen Co (WAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Oracle Corp (ORCL), Economic data
Continue reading The week in preview: End-of-quarter earnings expectations: Nike, Oracle, Walgreen ...
Posted May 15th 2009 10:10AM by Jim Cramer (RSS feed)
Filed under: Market matters, McDonald's (MCD), Brinker Intl (EAT), Domino's Pizza (DPZ), Darden Restaurants (DRI), Yum Brands (YUM), Burger King Hldgs (BKC), Calif Pizza Kitchen (CPKI), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says Panera is one company that has plenty of room for expansion. If the restaurant stocks are stabilizing after a real downturn that has lasted for several weeks, this group -- a leadership group from the fall when gasoline fell in price -- is going to have a wicked move back.
I like
Yum! Brands (NYSE:
YUM) (
Cramer's Take), which never broke down. This is one in which technicians signaled weakness, with Top Gun Rick Bensignor and I going head to head on "Mad Money." He was right that it initially would downtick, but I think it is bottoming along with
McDonald's (NYSE:
MCD) (
Cramer's Take). It's got the growth and it has good tumbling raw costs. The dollar's going the way for both stocks.
Continue reading Cramer on BloggingStocks: Restaurants right for the taking
Posted Mar 21st 2009 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Blockbuster Inc 'A' (BBI), Adobe Systems (ADBE), Best Buy (BBY), Darden Restaurants (DRI), FedEx Corp (FDX), General Mills (GIS), Xerox Corp (XRX), NIKE, Inc'B' (NKE), Oracle Corp (ORCL), Palm Inc (PALM)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: FedEx, Nike, Oracle, General Mills, Palm, Adobe and more
Posted Mar 18th 2009 10:10AM by Jim Cramer (RSS feed)
Filed under: Microsoft (MSFT), Intel (INTC), Market matters, Darden Restaurants (DRI), Amer Intl Group (AIG), Nucor Corp (NUE), Stocks to Buy, Union Pacific Corporation (UNP), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says if the pricing shows a disconnect with long-term truths, you can buy here. Nothing to say. Not much going on. Can't get any CEOs to comment. Too close to the end of the quarter. People are dismissive of
Nucor (NYSE:
NUE) (
Cramer's Take), and happy with
Darden (NYSE:
DRI) (
Cramer's Take). Meanwhile, Tim Geithner's been silent, and silence is golden. Now if only he would ask one simple question: What are we guaranteeing with
AIG (NYSE:
AIG) (
Cramer's Take)? It's a sideshow but an important one down the road, not now.
All of these things are of a piece. We are in one of those golden moments when not much is happening, and when we get information, we declare it half-full. I found myself thinking that Nucor's decline has to be some sort of a bottom because utilization rates don't get much lower than this. I found myself thinking that the infrastructure plan will kick in because everyone has now decided it will and that's all that matters.
Continue reading Cramer on BloggingStocks: Ask the right questions
Posted Nov 19th 2008 10:50AM by Latif Lewis (RSS feed)
Filed under: Management, Yahoo! (YHOO), Time Warner (TWX), PepsiCo (PEP), Employees, Citigroup Inc. (C), Aetna Inc (AET), American Express (AXP), Avon Products (AVP), Darden Restaurants (DRI), Eastman Kodak (EK)
We may have broken the ultimate barrier to diversity with the election of the 44th President of the United States Barack Obama, but the ranks of minorities in top positions at Fortune 500 companies remain thin and are steadily declining.
Late Monday, Symantec (NASDAQ: SYMC) CEO John Thompson announced plans to retire from the post in March, but will remain on as chairman. Also planning to move out of the corner office until a replacement is found is the CEO of struggling Web portal Yahoo (NASDAQ: YHOO), Jerry Yang.
Their pending exits continue a string of other high-profile minority CEOs over the past year due to various reasons, ranging from Dick Parsons at Time Warner (NYSE: TWX), to Stan O'Neal at Merrill Lynch (NYSE: MER) to Alwyn Lewis at Sears (NASDAQ: SHLD) and William Perez at Wrigley.
Continue reading Yang, Thompson departures to further diminish pool of minority CEOs
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