Topic: How To Invest

Power Growth Investor Hotline – Friday, May 22, 2020

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC., $53.02, is a #1 Power Buy for 2020. The stock (symbol QSR on New York) gives you exposure to the world’s third-largest fast-food operator. That’s after McDonald’s (No. 1) and Yum Brands (No. 2). The company has 27,086 outlets in over 100 countries: 18,838 Burger King, 4,932 Tim Hortons (coffee and donuts), and 3,316 Popeyes Louisiana Kitchen (fried chicken). In 2018, Tim Hortons formed a joint venture with Cartesian Capital Group to open 1,500 Tim Hortons restaurants in China over the next decade. Now, Tencent Holdings Ltd. is backing that big expansion of the coffee and doughnut chain. Tencent (symbol TCEHY on the U.S. over-the-counter market) is China’s biggest social network and online games company, and it operates the popular WeChat mobile messaging application. The stock has its main listing on the Hong Kong exchange under the symbol 700:HK. Specifically, Tencent will invest an unspecified amount in a partnership jointly owned by Restaurant Brands and Cartesian Capita. As part of…

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