McCormick & Schmick's

Money Matters
5:37 am
Tue November 15, 2011

Why analysts didn't recommend selling McCormick & Schmick's stock

The McCormick & Schmick's Seafood Restaurants chain is being sold to a company in Texas.
McCormick & Schmick's Seafood Restaurants, Inc.

McCormick and Schick's Seafood Restaurants are a popular dining choice in the Seattle area. The Portland-based company is being sold to Houston-based Landry's Restaurants.

On this week's Money Matters, financial commentator Greg Heberlein says the sale demonstrates why you should be skeptical about the recommendations of securities analysts.

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