Updating your Aggressive stocks: Restaurant Brands, Linamar and Toromont

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC. $80 (www.rbi.com) is still a buy. The stock has dropped 4% in the past year as COVID-19 lockdowns forced the company to close most of its fast-food outlets to in-store service. However, Restaurant Brands should re-open its stores in 2021 as more people receive COVID-19 vaccines. The company is also launching new menu items at its Tim Hortons coffee-and-donut stores, and expanding the availability of the hugely popular Popeye’s crispy chicken sandwich. Restaurant Brands is a buy. LINAMAR CORP. $72 (www.linamar.com) is a buy. Shares of the auto parts maker continue to rebound from a low of $24.57 on March 23, 2020. The rise reflects stronger demand for new cars following the initial COVID-19 lockdowns. Linamar now expects global auto production for all of 2020 to total 73 million vehicles, which is much better than its earlier forecast of 69.5 million. The company also has plenty of liquidity for new investments: As of September 30, 2020, that liquidity (cash on hand plus available credit)…