These 2 Restaurant Stocks are Trading Heavily in the Services Sector

Through the early part of trading on Wednesday, September 7, 2011, these stocks are very active in the Services (NYSE:IYC) sector.

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Shares of McDonald’s Corporation (NYSE:MCD) have a dollar volume of $123.8 million based on a current price of $89.01(+8 cents) and 1.4 million shares traded. The fast food chain announced it will spend $1 billion to renovate stores in Canada.

Stock Price Performance: From June 10, 2011, to September 6, 2011, the stock price had risen $9 (11.3%) from $79.82 to $88.82. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 8, 2010 when shares rose for eight straight trading days, rising 2.4% (+$1.78). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 3.9% (-$3.47).

Shares of Darden Restaurants, Inc. (NYSE:DRI) are among the most actively traded stocks in the market. The company said it expects earnings to be lower as a result of Hurricane Irene. There are 2.3 million shares trading hands at $44.61(-$1.58), making up a dollar volume of $104.1 million.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $6 (-11.5%) from $52.18 to $46.18. The stock price saw one of its best stretches over the last year between October 27, 2010 and November 5, 2010 when shares rose for eight straight trading days, rising 6.8% (+$3). It saw one of its worst periods between March 31, 2011 and April 11, 2011 when shares fell for eight straight trading days, falling 4.3% (-$2.10).

Shares of AT&T Inc. (NYSE:T) are among the most actively traded stocks in the market. The telecom company is still making headlines about it’s contested merger with T-Mobile. There are five million shares trading hands at $27.91(+8 cents), making up a dollar volume of $139.8 million.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $2.97 (-9.6%) from $30.80 to $27.83. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 4, 2010 when shares rose for eight straight trading days, rising 4% (+$1.08). It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 4% (-$1.23).

Shares of Verizon Communications (NYSE:VZ) are among the most actively traded stocks in the market. They have a dollar volume today of $98.4 million, based on a current price of $35.24 (+7 cents) and 2.8 million shares being traded.

Stock Price Performance: From August 8, 2011, to September 6, 2011, the stock price had risen $2.10 (6.3%) from $33.12 to $35.22. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 31, 2011 when shares rose for 12 straight trading days, rising 12.4% (+$4.13). It saw one of its worst periods between July 8, 2011 and July 18, 2011 when shares fell for seven straight trading days, falling 2.1% (-77 cents).

Shares of National Retail Properties, Inc. (NYSE:NNN) are among the most actively traded stocks in the market. They have a dollar volume today of $135.5 million, based on a current price of $26.06 (-53 cents) and 5.2 million shares being traded.

Stock Price Performance: From August 8, 2011, to September 6, 2011, the stock price had risen $3.63 (15.8%) from $22.97 to $26.60. The stock price saw one of its best stretches over the last year between September 29, 2010 and October 8, 2010 when shares rose for eight straight trading days, rising 5.5% (+$1.29). It saw one of its worst periods between January 3, 2011 and January 12, 2011 when shares fell for eight straight trading days, falling 7.3% (-$1.87).