
Despite macroeconomic challenges, the restaurant industry is well-positioned for growth due to easing inflation and rapid digitization. Therefore, quality restaurant stocks like Ark Restaurants Corp. (ARKR), Arcos Dorados Holdings Inc. (ARCO), and Potbelly Corporation (PBPB), trading cheaply under $20, could be solid buys right now.
But before we analyze the stock fundamentals, let us look at the industry landscape.