Topic: How To Invest

Stock Pickers Digest Hotline – Friday, September 20, 2019

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC., $72.59, symbol QSR on New York, is the world’s third-largest fast-food operator after McDonald’s (No. 1) and Yum Brands (No. 2). It has 18,008 Burger King, 4,866 Tim Hortons (coffee and donuts) and 3,120 Popeyes Louisiana Kitchen (fried chicken). Under a new partnership with Beyond Meat Inc. (symbol BYND on Nasdaq), Restaurant Brands began selling plant-based breakfast sausage sandwiches at its Tim Hortons outlets across Canada in June 2019. It was a “limited-time offer.” In July, Tim Hortons further expanded its menu by adding “burgers.” Instead of introducing regular burgers to the menu, the company began offering two Beyond Meat burgers. Tim Hortons will now sell its Beyond Meat’s burgers and sandwiches as permanent additions to its menu in Ontario and B.C. It will end their sale in all other parts of the country. The coffee chain may re-introduce the Beyond Meat products in other provinces in the future, if it feels the consumer demand calls for it. OUR RECOMMENDATION:…