Top 5 Restaurant Stocks Under $10

4. Potbelly Corporation (NASDAQ: PBPB)

Price as of April 20, 2021: $5.94 per share

Potbelly Corporation (NASDAQ: PBPB) is a Chicago-based company that runs Potbelly sandwich shops in the United States. The items on the menu of the company restaurants include sandwiches, salads, soups, chili, sides, desserts, breakfast sandwiches, and steel cut oatmeal. The firm runs more than 400 shops and 46 franchise stores across the US. It was founded in 1977 and is placed fourth on the list of top 10 restaurant stocks under $10.

The firm has a market cap of more than $172 million and posted an annual revenue of more than $291 million in December 2020, down from $409 million in the previous year. Potbelly is expected to make a strong comeback as the vaccine rollout in the country allows for the reopening of restaurants.

At the end of the fourth quarter of 2020, 6 hedge funds in the database of Insider Monkey held stakes worth $25.7 million in the firm, down from 7 in the preceding quarter worth $20.3 million.