Top 5 Restaurant Stocks Under $10

3. Luby’s, Inc. (NYSE: LUB)

Price as of April 20, 2021: $3.50 per share

Luby’s, Inc. (NYSE: LUB) is a Texas-based firm that offers restaurant services in the United States. It has six famous brands: Luby’s Cafeterias, Fuddruckers, World’s Greatest Hamburgers, Koo Koo Roo, Cheeseburger in Paradise, and Culinary Contract Services. The company runs more than 84 restaurants across 26 locations in the country. These include more than 20 Fuddruckers restaurants. The firm was founded in 1947 as Luby’s Cafeterias but later changed its name. It is placed third on our list of top 10 restaurant stocks under $10.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Bandera Partners held the most shares in the company – 2.8 million – worth more than $8.1 million. Renaissance Technologies was second on the list with 0.4 million shares worth $1.1 million. In January, the company appointed John Garilli as Interim President and Chief Executive Officer after Christopher Pappas stepped down.