Updating our Aggressive stocks: Restaurant Brands, Molson Coors &, Idexx Laboratories

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RESTAURANT BRANDS INTERNATIONAL INC. $76 (www.rbi.com) is a buy. The company is now buying Carrols Restaurant Group (Nasdaq symbol TAST), Burger King’s largest U.S. franchisee, for $1 billion. Restaurant Brands will also invest about $500 million to modernize 600 of Carrols’ 1,022 restaurants over the next five years or so. The move is part of Burger King’s plan to refurbish restaurant locations and draw in younger customers. Restaurant Brands is a buy. MOLSON COORS BEVERAGE CO. $61 (www.molsoncoors.com) is still a hold. Like other beverage makers, Molson has raised its selling prices in response to rising costs for ingredients, packaging materials and fuel. It’s also benefiting from the re-opening of bars and restaurants. As a result, earnings probably jumped about 30% to $5.33 a share in 2023. The stock trades at just 11.4 times that estimate. However, the company faces increasingly strong competition from larger brewers. The $1.64 dividend yields 2.7%. Molson Coors is a hold. IDEXX LABORATORIES INC. $520 (www.idexx.com) is still a hold. The company makes equipment that veterinarians use to…