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Enter Symbol:
The Cheesecake Factory Incorporated (CAKE) [hlAlert]

down 23.82 %

Cheesecake Factory Incorporated (the) (CAKE) upgraded to Buy by Janney Mntgmy Scott

Posted on: Friday,  Mar 26, 2010  8:25 AM ET by Janney Mntgmy Scott

Janney Mntgmy Scott rated Buy The Cheesecake Factory Incorporated (NASDAQ: CAKE) on 03/26/2010. Previously Janney Mntgmy Scott rated Sell The Cheesecake Factory Incorporated (NASDAQ:
CAKE) on 01/11/2010., when the stock price was $21.13. Since then, The Cheesecake Factory Incorporated has gained 31.28% as of 03/26/2010's recent price of $27.74.
If you would have followed the previous Janney Mntgmy Scott's recommendation on CAKE, you would have lost 23.82% of your investment in 74 days.

The Cheesecake Factory Incorporated operates 160 upscale, full-service casual dining restaurants, 146 under The Cheesecake Factory mark in 34 states and the District of Columbia, 13 under the Grand Lux Cafe mark in nine states, and one unit of its concept, RockSugar Pan Asian Kitchena in California. The Company also operates two bakery production facilities in Calabasas Hills, California and Rocky Mount, North Carolina that produce baked desserts and other products for its restaurants and for other foodservice operators, retailers and distributors. In addition, the Company licensed two bakery cafes under The Cheesecake Factory Bakery Cafe mark to another foodservice operator. During the fiscal year ended December 30, 2008 (fiscal 2008), it closed its self-service, limited menu express foodservice operation under The Cheesecake Factory Express mark.

We are committed to providing innovative, wealth-building investment solutions through original thought, proprietary data and access to company managements, industry leaders and our analysts. Janney’s enduring commitment to primary research coincides with an investment acumen that recognizes our core responsibility – to make money for our clients. Our analysts strive to identify the emerging and sometimes hidden themes that can provide investors a superior return over time.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2010 8:25 AM Buy
as of 12/31/2010
1 Week down  -1.83 %
1 Month down  -4.20 %
3 Months up  15.33 %
1 YTD down  -21.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2010 8:25 AM Sell
11/4/2009 8:25 AM Hold

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