The restaurant stocks (and old economy stocks in general) are a play on an economic recovery. I am not expecting to keep the restaurant stocks for more than 15 months or so. As to CAKE, I think it is a very popular restaurant.  Before the pandemic it was always full. The chart too looks bullish, so tecgnically it has a decent chance to keep rising. 

My thesis is that restaurants in particular will see incredible pent up demand not just because people will do a lot more dinning out once the vaccines are deployed en mass, but in particular because the choices are going to be far fewer given that so many small restaurants will never recover.  So, they should enjoy increased demand for both reasons.

To be sure, I am not a restaurant stock guru, far from it and I may certainly have it all wrong.  Because of it I have not parked that much money in this sector. I also needed to diversify a bit more given that my portfolio was very Tech heavy.

In financials, I do have more money, I own both WFC and BAC, and even though they are still lagging the market, I view them as being very undervalued, I hope this provides a bit of stability for my portfolio. So far even banks have been very volatile, but I would expect that to decrease as the economy stabilizes and have less risk at these levels than other sectors.  I too believe that rates will increase moderately, my reading and due diligence tell me that the 10 year note could over the midterm (2 years) rise to the 1.25%, while modest, it is some 40 basis points from current levels or a 47% increase. With all the money being thrown from the proverbial helicopter, I believe that inflation will make a modest comeback.