5 Top Picks to Surf on the Short-Term Relief From Trade Tensions Rally — Weekly Top Picks
Top Pick #3 : A company looking to expand internationally
Restaurant Brand International
Stan Wong, Director & Portfolio Manager at Private Wealth Management recommends Restaurant Brands International (QSR-T), “Great ROE. They’re improving brand awareness, guest experience and ordering online, like Tim Horton’s coffee. Also, they’re looking to expand internationally. They’re trying to make domestic franchisees happier. It pays 2.9% dividend yield. 23x forward earnings with a 15% growth rate.”
Restaurant Brands International has witnessed impressive earnings result in Q1, 2018. With the company expanding its three restaurant brands Burger King (1100+ new restaurants opened), Tim Hortons (130) and Popeyes (183).
Tim Hortons has plans to open 1500 locations in China in the next ten years. Both Burger King and Popeyes are experimenting with delivery services in select U.S. locations with promising results.