The stock market hits new highs almost every week. Tech stocks are leading the way, with valuation multiples going to ever-higher levels. This week, we got news that inflation continues to moderate, which paves the way for potential Federal Reserve interest rate cuts in the near future. Not surprisingly, momentum traders bid up growth stocks to even higher prices on this development. As it turns out, however, the real winner may be elsewhere. These three off the radar stocks trading under $15 ha
Investors need to pay close attention to Denny's (DENN) stock based on the movements in the options market lately.
Dining out may have gained popularity during the post-lockdown recovery, but based on recent data, the American public may be losing some of its appetite for fast food, fast casual, and other dining establishments. This leaves restaurant stocks at risk of declining in price. Stocks in this sector have already been squeezed by factors like high inflation. During 2022 and 2023, the popularity of dining out stayed strong despite higher prices and smaller portions, but with U.S. economic growth slow