Darden Restaurants: Time to Take Some Profits?

Filed under: Darden Restaurants (DRI), Stocks to Buy

Restaurant chain Darden Restaurants (DRI), first discussed here on June 25, 2009, at a price of $32.78, has formed a double-top near $51. So now would be a good time to consider taking some profits off the table, if you're in near $33.

However, those investors who can tolerate the risk can maintain their full position and go for an bigger gain, but investors should keep in mind that Darden probably won't clear $60 in 2011. The potential upside is still adequate, but not fantastic.

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Darden Restaurants: Time to Take Some Profits? originally appeared on BloggingStocks on Sun, 20 Mar 2011 10:10:00 EST. Please see our terms for use of feeds.

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