Topic: How To Invest

Stock Pickers Digest Hotline – Friday, February 24, 2017

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC., $55.47, symbol QSR on New York, took its current form on December 12, 2014, after Burger King Worldwide acquired Tim Hortons. The company is the world’s third-largest fast-food operator, after McDonald’s (No. 1) and Yum Brands (No. 2), with 15,243 Burger King outlets and 4,492 Tim Hortons stores in 100 countries. Restaurant Brands has now bought Popeyes Louisiana Kitchen Inc. (symbol PLKI on Nasdaq) for $1.64 billion. Popeyes began operations 45 years ago in New Orleans as a Southern-fried “Chicken on the Run” restaurant. The company has since expanded to more than 2,600 stores, mostly in the U.S. Restaurant Brands sees lots of potential for Popeyes to expand further in the U.S. and internationally, especially in China where it has no stores. OUR RECOMMENDATION: Restaurant Brands International is still a hold. Restaurant Brands recent coverage March 2017 issue Hotline for January 27, 2017 STANTEC INC., $34.92, symbol STN on Toronto, sells a range of consulting, design and technology services. Its clients operate in the oil…