Famous Dave's of America and it's franchisees operate 145 bbq restaurants in 35 states.
It appears that Famous Dave's barbecue concept has been generating hefty returns for investors with the stock price soaring from $13 to nearly $22 in the last 12-months. An investment in 100 shares of DAVE for $1,300 in June of 2006 would be valued at $2,100 now in June of 2007. That's a return of more than 60% in the last year.
Here's the complete list of bbq stocks that I wrote about in a bbq blog post last year.
U.S. Barbecue Index
Archer Daniels Midland................$ 24.52, current = $34.47
Clorox Company............................$ 54.29, current = $22.27
Darden Restaurants......................$ 36.09, current = $46.76
Famous Dave's of America...........$ 10.93, current = $22.17
Fleetwood Enterprises..................$ 11.13, current = $9.36
H.J. Heinz Company......................$ 35.70, current = $47.07
Hormel Foods Corporation...........$ 32.62, current = $37.33
Pilgrim's Pride Corporation..........$ 31.97, current = $34.90
Seaboard Corporation...................$1,685.00, current = $2,444
Smithfield Foods............................$ 30.38, current = $32.00
Tyson Foods...................................$ 16.78, current = $21.86
Wal-Mart Stores............................$ 50.49, current = $49.28
Index Total...........$2,019.90, current = $2,801.47
Only two of the stocks out of the twelve declined. The index generated a 39% total return in 18-months. The BBQ Guy's U.S. Barbecue Index is currently growing at a 24% annual rate!
It appears that Famous Dave's barbecue concept has been generating hefty returns for investors with the stock price soaring from $13 to nearly $22 in the last 12-months. An investment in 100 shares of DAVE for $1,300 in June of 2006 would be valued at $2,100 now in June of 2007. That's a return of more than 60% in the last year.
Here's the complete list of bbq stocks that I wrote about in a bbq blog post last year.
U.S. Barbecue Index
Archer Daniels Midland................$ 24.52, current = $34.47
Clorox Company............................$ 54.29, current = $22.27
Darden Restaurants......................$ 36.09, current = $46.76
Famous Dave's of America...........$ 10.93, current = $22.17
Fleetwood Enterprises..................$ 11.13, current = $9.36
H.J. Heinz Company......................$ 35.70, current = $47.07
Hormel Foods Corporation...........$ 32.62, current = $37.33
Pilgrim's Pride Corporation..........$ 31.97, current = $34.90
Seaboard Corporation...................$1,685.00, current = $2,444
Smithfield Foods............................$ 30.38, current = $32.00
Tyson Foods...................................$ 16.78, current = $21.86
Wal-Mart Stores............................$ 50.49, current = $49.28
Index Total...........$2,019.90, current = $2,801.47
Only two of the stocks out of the twelve declined. The index generated a 39% total return in 18-months. The BBQ Guy's U.S. Barbecue Index is currently growing at a 24% annual rate!
Dear Brian -
ReplyDeleteWe at the Securities and Exchange Commission would like to speak to you regarding your side business of selling BBQ mutual funds. Sure we should be focusing on the major corporate fraud going on, but we's like to pick on the little guy....it's more fun.
Sincerely,
SEC Commissioner