TIM HORTONS $61.19 (Toronto symbol THI; TSINetwork Rating: Average) (905-845-6511; www.timhortons.com; Shares outstanding: 138.2 million; Market cap: $8.3 billion; Dividend yield: 2.1%) continues to successfully launch new products that take advantage of consumer trends. The latest is its Tims Crispy Chicken Sandwich.
This sandwich sells for $4.99 and is made fresh with breaded, seasoned white meat, lettuce, tomato and light mayonnaise on a soft, bakery-style bun.
The new sandwich will also help the company compete with McDonald’s, which has targeted Tims by improving its coffee offerings.
Tim Hortons is still a buy.