Sonic Corp (NASDAQ:SONC)
The Company operates and franchises the chain of drive-in restaurants in the United States.
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I just like being a contrarian sometimes. Sonic has great food but the stock is poised to fall. Buy at your own risk.
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Sonic has great food and clever advertising. They have good margins and will beat the market in the next year.
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I like tatar tots... ;-)
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Currently, they think enough of their own stock that they are buying back 30% of it at a premium to market.
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When I lived in Houston TX area, it was hard to find a slot at any of the local SONC restaurants. Some one was making money, why not me?
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First place I hit when I get to Dallas - Sonic - for a Cherry Limeade - its not fair that they have national advertising but there isn't a sonic within 50 mile radius...
They are huge in Texas and their franchise is very well run - American Graffiti, Happy Days, even Mercedes is trading on the drive in nostalgia.
OPEN IN ALEXANDRIA and the stock will skyrocket!!!
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