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16-Jan-08
Texas Roadhouse offers a reasonable product at a reasonable price. Menu prices slightly lower than competing steakhouse chains, and reasonable cost controls, gives this company an edge especially when consumer spending is in a downturn. People will always eat out, which is why less expensive quality restaurant chains will hold their own during the downturn. TXRH is one of those and I hold a long position in this well run company.
Tagged Stocks: TXRH
Posted at 18:47 in Watchlist Ideas | Permalink | Comments () | Top
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