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Via BloggingStocks:
Filed under: Bargain stocks, Stocks to Buy
Problem is, nothing has gone wrong. They are just as crowded as ever, especially during this recession. They represent a full sit-down meal destination at fast-food prices. And the portions are big. The company has totally restructured, selling off franchises and keeping all the best locations for its own portfolio -- and the results are pouring in. On Jan. 15, the company said it expects to meet or exceed its previous guidance for full-year 2008, thanks to the success of the Franchise Growth Initiative (FGI) and other cost-saving actions that protect margins and cash flow. With the stock trading around $1.50 per share, it's time to consider whether Denny's is some low-hanging fruit ready for the picking. Bryan Perry is a contributor to OptionsZone.com. Five winning Super Bowl trades: IV. Buy Denny's Corp. (DENN) originally appeared on BloggingStocks on Sun, 01 Feb 2009 09:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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