It is tough for a company to make a lot of progress while its customers are struggling to get their own businesses moving again. So even though Middleby (Nasdaq:MIDD) seems to have very solid long-term growth prospects, it is hard to see how business really gets moving until the likes of P.F. Chang (Nasdaq:PFCB), Cheesecake Factory (Nasdaq:CAKE) and Brinker's (NYSE:EAT) see a recovery in traffic going through their doors.
Still, patient investors can use this opportunity to get themselves up to speed on this restaurant equipment company. In the meantime, current shareholders do not seem to have any real reason to worry about the long-term story.
To read the complete article, please click on the link:
http://stocks.investopedia.com/stock-analysis/2010/Middleby-Stuck-In-The-Middle-For-Now-MIDD-PFCB-CAKE-EAT-ITW-YUM-SYY0817.aspx
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