These Steakhouses Are a Real Hit

A World Cup-esque competition among the "Steakhouse Quartet," as we have dubbed them from time to time, of the main steakhouse stocks, BLMN (Outback) DFRG (the very high-end Del Frisco's) RUTH (sizzling plate, high-end Ruth's Chris, and TXRH (the always-busy, moderately priced Texas Roadhouse) is taking hold this June.

And the two winners according to the market are RUTH, clearly outpacing DFRG among the very high end names, and TXRH, dominating BLMN. 

On the RUTH and TXRH daily charts, respectively below, their strength ought to be evident to you, especially today with the Dow off 300-400 points as I write this and both of them flashing green with no giveback yet. 

Going forward, we simply must keep both names on our long radar and part of our watchlist repertoire, regardless of whether or not you typically trade restaurant stocks--The strength is too impressive to ignore, among a few other plays we are trading and noting for Members.