CAKE Stock Gains 22% in 6 Months: Should You Buy Now or Hold Steady?

The Cheesecake Factory Incorporated (CAKE) has shown strong stock performance in recent months. Over the past six months, the stock has jumped 22.1%, significantly outperforming the Zacks Retail – Restaurants industry’s decline of 0.5%. It has also fared better than the broader Zacks Retail-Wholesale sector’s 2.1% growth and the S&P 500 index’s 1.6% decline during the same period.Cheesecake Factory continues to benefit from strong consumer demand, improving comparable sales and restaurant openings. The soli ...