CAKE trade ideas
CAKE- Do You Like Cheesecake?Price Action should go to $51-$53 per share by EOY, or yellow area on chart. Couple of insiders bought 25,300 shares on 11/6 & 11/8. Rumor of a possible private equity buyout similar to Panera, watch options market very closely.
Attention dividend hunters! The Cheesecake Factory Incorporated (NASDAQ:CAKE) will be distributing its dividend of $0.29 per share in 3 days time, on the 28 November 2017, and will start trading ex-dividend on the 14 November 2017. I like CAKE for a possible buy option for rest of 2017.
#2 Trump Stock- CAKEPer The Motley Fool.com, this is another stock CAKE, which should continue upwards during Trump's presidency. Why, because they are expanding, lower taxes, people will have extra cash to spend. Last 8 years, one share was $4.96 to a all time high of now, which is $60.48. Continue to watch and see, what happens in big picture with CAKE.