Signal Says 'Buy the Dip' on This Restaurant Stock

Olive Garden parent Darden Restaurants, Inc (NYSE:DRI) was last seen down 0.9% at $157.22. The shares have been unable to maintain their September six-month highs, which came after an upbeat earnings and report partnership reveal sent the stock gapping higher by 8.3%. Since then though, the equity has dropped into the red for 2024 and logged eight of its last 10 sessions lower. All is not lost, if past is precedent, as DRI looks to be approaching a historically bullish trendline. According to the latest dat ...