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StockCall Scrutinizes Darden Restaurants, Wendy's, Cheesecake Factory, and Sonic

  StockCall Scrutinizes Darden Restaurants, Wendy's, Cheesecake Factory, and
                                    Sonic

PR Newswire

LONDON, March 27, 2013

LONDON, March 27, 2013 /PRNewswire/ --

A data released on Tuesday showed that confidence among U.S. consumers fell
unexpectedly in March. According to a report from the Conference Board,
consumer confidence fell 8.3 points to 59.7 in March. The data suggests that
consumer confidence has been weighed down by the automatic spending cuts,
which took effect earlier this month. However, the labor and housing markets
are continuing to recover, and therefore consumer confidence is likely to
rebound in coming months, which augurs well for restaurant companies such as
Darden Restaurants Inc. (NYSE: DRI), Brinker International Inc. (NYSE: EAT),
The Cheesecake Factory Incorporated (NASDAQ: CAKE), and Sonic Corporation
(NASDAQ: SONC). On Tuesday, restaurant stocks ended mostly higher, tracking
gains in the broad market.StockCall reviewed the Restaurants industry and
chose DRI, EAT, CAKE, and SONC for its technical coverage. These free reports
can be seen for free at

http://www.stockcall.com/signup

Darden Restaurants Inc.'s shares edged higher in trading on Tuesday, however,
the gains were limited. The stock closed 0.62% higher at $50.69, taking its
gains in the last three trading sessions to over 3.50%. Darden's shares have
had an excellent run so far in 2013, gaining more than 13.70%. The stock has
seen a series of highs since the start of this month, which is a bullish
signal. The positive trend is further confirmed by recent volume activity and
the stock's MACD chart. Download the free research on DRI by signing up now at

http://www.StockCall.com/DRI032713.pdf

Shares of Brinker International Inc. gained in yesterday's trading session,
extending their gains from the previous two sessions. Brinker's shares
finished 0.87% higher at $37.01. The stock has now gained nearly 4% in the
last three sessions. The company's shares are hovering around their 52-week
high of $37.17. The stock recently broke through $36 resistance level, which
is a strong bullish signal. The upbeat trend is further confirmed by the
stock's MACD chart. The MACD is currently trading above the signal line and
zero-line. Register for today's free analysis on EAT at

http://www.StockCall.com/EAT032713.pdf

The Cheesecake Factory Inc.'s shares continued to edge higher in trading on
Tuesday, touching a 52-week high of $37.86. The stock closed 1.42% higher at
$37.81, taking its gains in the last three sessions to over 4%. The Cheesecake
Factory's shares have had an excellent run this month. The stock has seen a
series of higher highs since the start of this month. Year-to-date, it has now
gained nearly 16%, compared to a gain of over 9.60% for the S&P 500. Free
report on CAKE can be accessed by registering at

http://www.StockCall.com/CAKE032713.pdf

Shares of Sonic Corporation rallied on Tuesday, touching a 52-week high, after
the company reported its second-quarter financial results. The stock touched a
52-week high of $12.93 before finishing the day 9.72% higher at $12.87. Shares
of SONC broke through $12 resistance level as a result of the rally yesterday.
This is a bullish signal. The stock is also trading well above its 50-day and
200-day moving averages, which further confirms the upbeat trend.
Year-to-date, Sonic's shares have now gained more than 23%, outperforming the
broad market. Register with StockCall and download the research on SONC for
free at

http://www.StockCall.com/SONC032713.pdf

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