Top 5 Restaurant Stocks to Buy Now

1. Starbucks Corporation (NASDAQ:SBUX)

Narrowly topping the list of the best restaurants to buy now is Starbucks Corporation (NASDAQ:SBUX), which was held in the 13F portfolios of 66 hedge funds on September 30. Among the list of prominent shareholders is Bill Ackman’s Pershing Square, Stanley Druckenmiller’s Duquesne Capital, and Ray Dalio’s Bridgestone Associates.

Starbucks continues to expand globally at a breakneck pace, approaching 33,000 locations this year, an increase of about 16,000 during the previous decade. The upscale coffee chain anticipates even greater growth in the decade to come, aiming for more than 22,000 openings by 2030, many of which will be located in China. The company is even tapping into the power of AI to drive future customer growth and retention. Given its impressive growth prospects and enduring brand loyalty, it’s not at all surprising that Starbucks ranks as the top restaurant stock to buy now.

If you’re looking for stocks that could deliver explosive growth in the years to come, don’t miss our article on the 10 Best Tech Stocks To Invest In Right Now.

Disclosure: None.