Panera Bread One Of '08's Better Stock Performers

  • January 5, 2009
Panera Bread Co. is one of seven stocks recently singled out by Rick Munarriz, an investment writer for The Motley Fool (, as realizing notable gains in 2008.

Panera's stock price of $49.17 as of Dec. 29 represented a 37.3% year-to-date gain, according to Munarriz. "Panera's latest quarter was solid, with revenue and earnings inching 15% higher as store-level comps clocked in positive," he noted. "Yes, the quick-service bakery and sandwich shop used to be a faster sprinter, but it managed to pace itself just fine during [2008's] marathon."

The other stocks cited as showing substantial growth last year were Marvel Entertainment (up 12.7%), (13.4%), JetBlue (11.7%), Hasbro (13.3%), Wal-Mart (18%) and Netflix (4.9%). --Karlene Lukovitz



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