Stock price when the opinion was issued
Chart's hugging the 200-day MA, which could be an opportunity from a technical perspective. Consumer backlash about reduced portions. Worried whether same-store sales are peaking at this stage. Underperforming S&P 500 since spring. Not cheap at 48x forward PE, projected growth rate is 22%, still a 2.1 PEG ratio.
In the space, he owns MCD and QSR.
They reported a quarter that people didn't like, but shares still rose. This means that this company has limited tariff problems. This stock will never be cheap, but it's rarely been down this long.