[TradeSmith Daily]( LikeFolio Begins Coverage on DIN and LZB — What You Need to Know About Both Stocks
When our friends at LikeFolio initiate coverage on companies outside of the ones requested by hedge funds and institutions, they look for consumer-facing companies that may not receive a lot of attention… which is a good thing. If everyone is hearing about the same stocks over and over, it doesnât provide you with a competitive investing edge, and LikeFolioâs Vice President of Research Megan Brantley said that “we love exposing users to new names that may be poised for major growth.” In February, LikeFolio began covering 13 new companies, and while we canât go over each and every one, there are two in particular that we want to share: Dine Brands Global (INC) and La-Z-Boy Inc. (LZB). The Federal Reserve wants to make it seem like it has inflation under control, but if it asked real people how much they are still paying for things at the grocery store, the Fed would know it isnât winning the battle. RECOMMENDED LINK [Sell? Hold? Buy? 4-Digit âCash Out Codesâ can help you decide](
Thanks to the discovery of a 4-digit code assigned to every publicly traded stock, these âCash Out Codesâ can help you decide what stocks you should sell, continue to hold, or buy more of. Proven in thousands of back tests, Cash Out Codes could have gotten investors out before major corrections. In fact, they warned of an imminent downturn for many stocks on February 27, 2020 â just before the Covid-19 crash. [Scan your stocks to clean out losers today and know which could rake in returns in this market](. On Feb. 21, LikeFolio shared that mentions about food price concerns had skyrocketed 97%.
But people still have to eat, and on top of that, they still want to socialize, and Dine Brands Global sits at the intersection of eating and socializing with its brands, which include Applebeeâs and IHOP. LikeFolio found that as of March 2, the volume of mentions of Applebeeâs and IHOP was up 5% year-over-year (YoY), slightly outperforming Chiliâs and Olive Garden. And while Dine Brands Global CEO John Peyton said that overall foot traffic was flat in 2022, he also noted that Applebeeâs and IHOP have been resilient to increased food inflation because they have cemented reputations around providing “good food, generous portions, and a great environment at a great price.” He also noted that while he wants people to keep nostalgic connections, like childhood memories of getting pancakes at IHOP with grandparents, itâs also important to stay relevant and be innovative. As part of this push, Dine Brands has renovated 75% of its restaurants and added new items to the menus to keep them fresh and current. In addition to Applebeeâs and IHOP, Dine Global Brands acquired Fuzzyâs Taco Shop in December 2022, a fast-casual Mexican restaurant featuring burrito bowls, tacos, nachos, and margaritas. Peyton says his companyâs goal is to take Fuzzyâs from 140 restaurants and turn it into a national brand. For our dividend-seeking readers, DIN offers one with a yield of 2.77% as of this writing. RECOMMENDED LINK [DEMO: 80% odds of collecting $320?](
The old way of trading: Logging into your brokerage account and buying shares. The NEW way of trading: Getting paid cash NOW for agreeing to buy shares LATER. Once you discover the freedom and control this gives you on every trade, you may NEVER go back to the old way of doing things again. And it couldnât be more straightforward. You can see that this particular play wouldâve PAID you $335 instantly. [And right here in this demo, I will show you why the âPOPâ you see here tells you if youâre teed up for a favorable outcome before you ever hit “enter.”]( Next up is La-Z-Boy. Much more than just the brand of recliner your uncle would fall asleep in after Thanksgiving dinner, La-Z-Boy offers everything from loveseats and sectionals to home accents and kitchen and dining furniture. The company is meshing its reputation for comfort with more upscale offerings, like a dining table made of solid New Zealand pinewood.
Because furniture is still very much something that people want to touch and feel before they buy it, the company has 346 stand-alone La-Z-Boy Furniture Galleries customers can visit to not only imagine how something may look in their home but also take it for a “test drive.” Revenue and earnings were higher in the companyâs last earnings report, and looking ahead to whatâs next, La-Z-Boy believes the order backlog for its current quarter will return to pre-pandemic levels. Itâs also worth noting that over the past five years, La-Z-Boy has made some shareholder-friendly moves, paying out $121 million in dividends and repurchasing $217 million in shares. LZBâs dividend yield as of this writing is 2.33%. Take care, Team TradeSmith Combat Decision Fatigue Inflation, rate hikes, war, slowing earnings growth, and a potential recession on the horizon were all concerns in 2022. Unfortunately, they followed us right into 2023 and donât appear to be going anywhere. On top of that, you may feel like you donât know what to do or like you donât have time to make sense of all this, so you do one of the worst things possible: You stand still. Itâs understandable. You donât have the time to keep track of every piece of investing news, research each story thoroughly, and then figure out how to invest. What you are suffering from right now is simply known as decision fatigue. But you donât have to keep feeling stuck in a state of inaction. You can [put a smart tool to work for you]( to make your decision-making process easier. Once you discover the freedom and control a new way of trading gives you, you may NEVER go back to the old way of doing things again. [Download now on the Apple Store](
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