Wednesday

Sonic Corp. (SONC) price: $24.14

Sonic Corp. operates a chain of drive in restaurants. This company is quickly becoming a leader in the drive in restaurant industry. Great food and drinks have allowed this company to greatly expand an become very popular. Yet Sonic still has a lot of room to grow. This restauarant chain's restaurants are primarily located in the southern parts of the US. This means that Sonic still has lots of room to grow. I live in Los Angeles and there are no Sonic restaurants anywhere to close to where I live. If sonic restaurants are still scarce in and around big cities like LA, this means that this chain still has extreme growth potential. Strong financials, extreme growth potential, and good food will propel Sonic Corp. to new heights. In the last 5 years this company has seen steady growth, and I think Sonic will greatly outperform the S&P 500 within the next few years.

-buy sonic below $24.15

2 comments:

Anonymous said...

currently trading at 21.89

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