Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, June 20, 2014

Article Excerpt

RUBY TUESDAY INC., $7.48, symbol RT on New York, posted a smaller loss in the latest quarter as it continues to close unprofitable restaurants. It’s also moving its remaining locations back to their roots, serving reasonably priced food in a bar-and-grill atmosphere. However, Ruby Tuesday continues to face weak consumer spending, along with most U.S. casual dining chains. Competition also remains intense. The company’s shares have jumped 36% since it released its latest quarterly results. We think now would be a good to time sell the stock. Ruby Tuesday is now a sell. Ruby Tuesday was recently covered in the June 2014 issue of Stock Pickers Digest. Click here to access it. Ruby Tuesday was recently covered in the Stock Pickers Digest Hotline for April 11, 2014. Click here to access it. INTUITIVE SURGICAL INC., $404.15, symbol ISRG on Nasdaq, aims to re-energize its sales with its newly released da Vinci Xi surgical robot. This is the fourth version of Intuitive’s da Vinci computerized surgical system. However,…