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3 Restaurant Stocks to Avoid as Inflation Bites and Covid Lingers
DNUTKrispy Kreme(DNUT) InvestorPlace·2024-01-26 20:38

Wondering if you should be selling your restaurant stocks in 2024? As we start the new year, market professionals look at the tea leaves and provide their outlook on how the rest of the year will unfold. According to Morgan Stanley, one of the growing concerns is a hard landing and a surprising recession due to signs of weakening from an elevated interest rate that has impacted consumer spending and a declining labor market throughout the year. This all means added risk to cyclical sectors that are highly a ...