Top Restaurant Stocks To Follow Today - March 18th

Five restaurant stocks to keep an eye on today are Alibaba Group, Berkshire Hathaway, Uber Technologies, Booking, and Coca-Cola, as highlighted by MarketBeat's stock screener tool. Restaurant stocks encompass the publicly traded shares of companies within the restaurant sector, ranging from fast food chains to fine dining establishments.

Investing in these stocks offers individuals an ownership interest in these companies, where share prices are affected by factors such as consumer preferences, economic circumstances, and distinct challenges related to the restaurant industry. Recently, these companies exhibited the highest trading volumes among restaurant stocks.

Alibaba Group (BABA)

Alibaba Group Holding Limited operates through various subsidiaries, providing technology infrastructure and marketing services to help merchants and businesses engage with customers in China and globally. The company functions through several segments, which include China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives.

On the trading day Tuesday, BABA's stock declined by $3.63, closing at $143.94 with a trading volume of 15,914,340, compared to its average of 18,888,700 shares. The company maintains a quick ratio of 1.48, a current ratio of 1.48, and a low debt-to-equity ratio of 0.19. Alibaba's stock features a 52-week low of $68.36 and high of $148.75, while it has a market capitalization of $342 billion and a P/E ratio of 20.80.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. conducts operations in insurance, freight rail transportation, and utility sectors across the globe. Their offerings include various insurance products and reinsurance, alongside operations in electricity generation and distribution.

On Tuesday, BRK.B traded down $0.46, reaching $522.55, with a trading volume of 2,649,745 shares against an average of 3,546,255. The company's market cap stands at approximately $1.13 trillion and has a P/E ratio of 10.57. Over the past year, the stock has fluctuated between a low of $395.66 and a high of $528.05.

Uber Technologies (UBER)

Uber Technologies, Inc. develops innovative technology applications across various countries, focusing on Mobility, Delivery, and Freight with their services. The Mobility segment facilitates ridesharing, car rentals, and public transportation connections.

During mid-day trading on Tuesday, UBER shares fell by $1.03 to $71.70, with a trading volume of 9,971,950 shares compared to an average of 19,530,279. The market cap for Uber is $149.79 billion, with a price-to-earnings ratio of 15.74, and it has fluctuated between $54.84 and $87.00 over the past year.

Booking (BKNG)

Previously known as The Priceline Group Inc., Booking Holdings Inc. provides various online reservation services for restaurants and travel. It offers an extensive array of accommodation options through its global platforms.

On Tuesday, BKNG's shares dipped by $89.11, arriving at a stock price of $4,474.28, with a trading volume of 110,610 against an average of 231,600. Booking has a market capitalization of $146.82 billion and a P/E ratio of 25.93.

Coca-Cola (KO)

The Coca-Cola Company is a leading beverage manufacturer, marketing an extensive range of nonalcoholic drinks worldwide. The product line includes a variety of carbonated and non-carbonated drinks.

Coca-Cola's stock fell by $0.49 to $69.63 during trading time on Tuesday, and it recorded a trading volume of 6,622,392 shares compared to its average of 13,933,114. The market cap is currently $299.49 billion, with a P/E ratio of 28.22, with the stock's yearly range found between $57.93 and $73.53.

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