July 16, 2013 at 17:46 PM EDT
Ruth's, Chuy's Set Pace In Strong Restaurant Group
Restaurant stocks are ranked high in IBD's list of industry groups, paced by Ruth's Hospitality Group (RUTH) and Chuy's Holdings (CHUY). Ruth's, which operates high-end steak and seafood restaurants under names such as Ruth's Chris Steak House and Columbus Fish Market, is 6% above a 12.84 buy point in a rare ascending base. That puts it just out of buying range. Ruth's cleared the entry July 9 in heavy volume and is now at a 52-week high. Chuy's,
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