Most stocks haven’t been able to sustain their fast start to 2023, but these small and mid caps are outperforming and primed to keep growing.
Restaurants are continuing to churn out takeout orders after fortifying their systems during the pandemic and are thriving with in-person dining back near normal levels as well. Truist analyst Jake Bartlett says more than two-thirds of Denny’s locations are back to 24-hour service now, a figure that was at about 95% before the pandemic but dropped to less than half as of a year ago, and new ovens in their kitchens will help bolster their dinner options.
The average factory-built home costs $70,000 to $200,000, while median existing home prices are above $350,000. “Traditionally, the target consumer for this type of housing would have been a lower income consumer,” says Greg Palm, senior research analyst at Craig Hallum Capital Group. “What you're seeing now is a much higher-income consumer that's getting priced out of traditional site-built housing.”
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