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Best Restaurant Stocks To Follow Today - August 30th

Alibaba Group logo with Retail/Wholesale background

Key Points

  • Alibaba Group, Berkshire Hathaway, and Uber Technologies are highlighted as key restaurant stocks to watch due to their high trading volumes recently.
  • Alibaba operates through multiple segments including China and International Commerce, focusing on providing technology infrastructure for businesses.
  • Berkshire Hathaway engages in various sectors such as insurance and utility services, indicating its diverse investment strategy beyond just foodservice.
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Alibaba Group, Berkshire Hathaway, and Uber Technologies are the three Restaurant stocks to watch today, according to MarketBeat's stock screener tool. Restaurant stocks are shares of publicly traded companies operating in the foodservice sector, such as fast-food chains, casual-dining brands and delivery platforms. Buying these stocks gives investors a proportional claim on the company’s earnings, dividends and growth potential. Their performance typically reflects consumer dining habits, food-cost fluctuations and broader economic trends. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Read Our Latest Research Report on BABA

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Read Our Latest Research Report on BRK.B

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Read Our Latest Research Report on UBER

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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