A W Food Services of Canada IncInstrument Symbol (AW.TO)

A great operator, though he prefers QSR-T which is more diversified. What's ignited investors is their plant protein line of burgers. They're doing something right.

Yield of 5%. Same store sales of 13% in the last quarter. 8% in the last year. They are doing all the right things. Growing their store count. Everything moving in the right direction. (Analysts’ price target is $36.00)

They are strong in Western Canada and expanding in Eastern Canada. He likes the model. The dividend is attractive.

He generally likes the restaurant royalty business. The one issue has been the rise in minimum wage. Generally restaurants are raising prices to offset the minimum wages. The long term trend is good in the industry is good.

It's at 2015-16 levels, trying to build a base now. It looks okay. Hang onto it for now.

Trading volume is low, so it's hard to buy at a higher volume for his clients, though he owns it personally. He's noticed that AW attracts longer customer lines than, say, Starbucks. Likes this stock.

He is not concerned about the distribution because it is a royalty structure. He thinks it is one of the faster growing companies in the space. 3% same store sales growth. Anything with a high dividend is getting beaten up because of interest rate fears.

Likes this a lot. It's a royalty company in fast food, but the minimum wage increase hurt them. He's added to his position and plans to hold it for a long time. They had a dip last year, but has enjoyed strong quarters since. Great franchise, good yield around 5%.

This is a conservative fund. They take top line sales from restaurants and pay out as a distribution. It got beaten up recently on interest rate concerns. Two of the last three quarters’ sales showed slowing same store sales growth but then were up most recently and are now they are now one of the fastest growing restaurant royalty companies. You might get a bit of growth. (Analysts’ target: $34.50).

They have many more stores in the west, particularly Alberta, so they were hurt in the oil collapse. Same-store sales suffered. But they are on the mend now. They introduced healthy food a while ago, so that growth has now slowed down. They are opening stores in Ontario which will lead to some growth. They enjoyed 14% same-stores in one quarter, but that's in the past.