Updating your Aggressive stocks: Restaurant Brands Int’l Inc., Saputo Inc. and RioCan Real Estate Investment Trust

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC. $80 (www.rbi.com) is a buy. The company has 27,025 fast-food outlets in over 100 countries: 18,625 Burger King, 4,949 Tim Hortons (coffee and donuts), and 3,451 Popeyes Louisiana Kitchen (fried chicken). Restaurant Brands is now preparing to launch its first Popeye’s restaurant in the U.K. Its goal is to open 350 U.K. restaurants over the next 10 years. The chain rolled out into Spain and Switzerland over the past two years, and it sees the U.K. as its next big growth opportunity. Restaurant Brands is a buy. SAPUTO INC. $36 (www.saputo.com) is still a hold. The dairy producer recently agreed to buy two U.K.-based firms: Wensleydale Dairy Products Ltd., a maker of specialty cheeses; and Bute Island Foods Ltd., which makes vegan cheeses. In all, it’s paying $226 million for those businesses, which is equal to 32% of the $714.8 million, or $1.74 a share, that Saputo earned in the fiscal year ended March 31, 2021. However,…