Why Portillo’s Inc. (PTLO) Is Among the Top Restaurant Stocks to Buy Under $20

From Yahoo Finance: 2025-04-15 16:01:00

Restaurant stocks are facing volatility due to Trump’s tariffs, affecting consumer spending capacity and industry demand. Fast-food chains are more resilient during recessions, but experienced declines last year. However, luxury dining in New York is thriving with no signs of slowing.

Portillo’s Inc. (NASDAQ:PTLO) is a fast-casual restaurant with $184.6 million revenue in fiscal Q4 2024 and plans to open 12 new restaurants in 2025. Hedge funds have shown interest in PTLO, with it ranking 5th on the list of top restaurant stocks under $20.

Stifel Nicolaus analyst Chris O’Cull maintains a Buy rating on PTLO with a $17.00 price target. White Brook Capital Partners noted PTLO’s stock improvement in 2025 due to supportive guidance for 2025 and strategic financing decisions. PTLO is seen as a promising investment, but some AI stocks may offer higher returns in a shorter time frame.

Read more: Why Portillo’s Inc. (PTLO) Is Among the Top Restaurant Stocks to Buy Under $20