We recently published 12 Stocks on Jim Cramer’s Radar. Texas Roadhouse, Inc. (NASDAQ:TXRH) is one of the stocks on Jim Cramer’s radar.
Casual dining firm Texas Roadhouse, Inc. (NASDAQ:TXRH)’s shares are up by 8.5% over the past year and by 11% year-to-date. The year has been busy for the firm when it comes to analyst coverage. For instance, TD Cowen initiated coverage to set a $215 share price target and a Buy rating in January. The financial firm pointed out that Texas Roadhouse, Inc. (NASDAQ:TXRH) was experiencing strong same-store sales, which led to its future being quite optimistic. Cramer has also discussed the restaurant firm several times over the past couple of months. The key factor on his mind when it comes to Texas Roadhouse, Inc. (NASDAQ:TXRH) and other restaurant firms is beef prices, as they surged to record highs in 2025 and dented the industry’s operations. In a recent tweet, the CNBC TV host shared a chart of beef prices and commented that a dream rally could follow in Texas Roadhouse, Inc. (NASDAQ:TXRH) and other stocks if beef prices were brought down:
Photo by shawnanggg on Unsplash
“You get beef down and you will see a restaurant rally of your dreams! (TXRH!)”
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Disclosure: None. This article is originally published at Insider Monkey.
