Top Asian Stocks For 2016

Top Asian Stocks For 2016: The Cheesecake Factory Incorporated(CAKE)

The Cheesecake Factory Incorporated operates upscale, casual, full-service dining restaurants in the United States. As of February 23, 2012, the company operated 170 dining restaurants, including 156 restaurants under The Cheesecake Factory mark in 35 states and the District of Columbia; 13 restaurants under the Grand Lux Cafe mark in 9 states; and 1 restaurant under the RockSugar Pan Asian Kitchen mark in California. It also owns and operates two bakery production facilities located in Calabasas Hills, California; and Rocky Mount, North Carolina. The company produces baked desserts and other products for its restaurants, as well as sells cheesecakes and other baked products on a wholesale basis to other foodservice operators, retailers, and distributors. The Cheesecake Factory Incorporated was founded in 1972 and is based in Calabasas Hills, California.

Advisors' Opinion:

• [By Rick Munarriz]

  Back in April, The Cheesecake Factory (NASDAQ: CAKE  ) -- the haven of decadence with its huge portions and massive dessert list -- also posted positive comps. Despite the general malaise in casual dining, The Cheesecake Factory is now working on its fourth year of consistently positive same-store sales.

• [By Jayson Derrick]

  Analysts at JPMorgan maintained a Neutral rating on The Cheesecake Factory (NASDAQ: CAKE) with a price target lowered to $47 from a previous $50. Shares lost 1.38 percent, closing at $42.88.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-asian-stocks-for-2016.html