Chuy's: Not As Bad As Perceived
Summary Chuy's offers the unique opportunity for a fast-growing restaurant stock trading at multi-year lows. The Tex-Mex concept remains relatively small with only 61 locations in 14 states. The slowing unit development plan, along with a better real estate strategy, will help ramp up new locations faster and improve margins in 2016. Chuy's stock isn't cheap, but it offers an attractive valuation with annual growth continuing at the nearly 20% clip. With falling oil prices, most restaurant stocks got a boost in consumer spending and higher stock prices. One restaurant concept actually trading near multi-year lows is Chuy's Holdings (NASDAQ: CHUY ) . The concept has seen the stock hammered 50% after a very successful run after the IPO back in 2012. Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details.