With mixed action among protein prices amid increased demand for protein around the world, RealMoney Pro contributor Chris Versace details how beef, pork and chicken prices are impacting restaurant stocks. Although beef prices are down more than 20% since September, Versace explains that they’re actually still up more than 10% year-over-year — something that will weigh on companies like Chipotle. He reveals that Chipotle has said it expects higher beef prices for the remainder of the year, something Versace says will pressure margins. As a rule of thumb to investors, Versace says the best companies to invest in are the ones who benefit the most from the commodity that has the greatest decline.
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