Investors Devour Soaring Food Stocks


Technology stocks may be getting all the attention on Friday, but a handful of hum-drum food-related plays are leaving investors very satisfied.

Restaurant stocks are eating their way further into record territory as the momentum crowd continues to devour the group. Buffalo Wild Wings (NASDAQ:BWLD) has been on a tear this year, up 72% and on track for its 34th record finish. BWLD reports 3Q earnings on Tuesday.

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Friday also marks the 32nd record high this year for Cheesecake Factory (NASDAQ:CAKE). And Chipotle Mexican Grill (NYSE:CMG) is hitting its fourth straight record high.

Restaurant Record Highs

Some food retailers are also breaking out to all-time highs on Friday. Whole Foods (NYSE:WFM) has been a real momentum winner, with its eighth record close in a row and its 29th for the year. Ditto for Kroger (NYSE:KR), which is notching its fourth consecutive record high and its 47th in 2013.

Food Retailer Record Highs

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