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Enter Symbol:
 
Sonic Corp. (SONC) [hlAlert]

Rating:
Buy SONC
up 47.34 %

Sonic Corp. (SONC) rated Buy by Morgan Joseph

Posted on: Wednesday,  May 21, 2008  10:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Sonic Corp. (NASDAQ: SONC) on 05/21/2008, when the stock price was $19.03. Since
then, Sonic Corp. has gained 47.35% as of 01/25/2016's recent price of $28.04.
If you would have followed this Morgan Joseph's recommendation on SONC, you would have gained 47.34% of your investment in 2805 days.

Sonic Corp. operates and franchises one of the largest chain ofdrive-in restaurants in the United States. Sonic restaurants offermade-to-order hamburgers and other sandwiches and feature Sonic signatureitems, such as footlong coney cheese dogs, hand-battered onion rings, tatertots, specialty soft drinks, including cherry limeades and slushes, andfrozen desserts. At a typical Sonic restaurant, a customer drives into oneof 24 to 36 covered drive-in spaces, orders through an intercom, and has the food delivered by a carhop within an average of four minutes.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2008 10:25 AM Buy
None
19.03
as of 12/24/2008
1 Week down  -2.41 %
1 Month up  27.45 %
3 Months up  20.00 %
1 YTD down  -3.86 %

(*) Stock Price at the time of the recommendation.
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