Avery Schumer
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Avery Schumer in Barbie Stocks,

3 Restaurant Stocks Winning From Low Beef Costs Heading Into Next Year

Alton Stump of Longbow Research commented in a note that beef costs have fallen over the last few quarters and bodes well for the restaurant sector heading into 2016.

The analyst singled out Bloomin' Brands Inc , Red Robin Gourmet Burgers, Inc. , and Texas Roadhouse Inc  as having "more earnings upside" in 2016 compared to their peers.

Stump noted that all three firms should see an incremental earnings per share lift from lower beef costs.