Canada<\/strong><\/p>\n SIR Royalty Income Fund (SRV.UN-T)<\/a> Opinion about SRV.UN-T: (A Top Pick Dec 14\/23, Down 11%)Stockchase Research Editor: Michael O\u2019Reilly Our PAST TOP PICK with SRV.UN has triggered its stop at $14.50. \u00a0To remain disciplined, we recommend covering the position at this time. \u00a0<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Recipe Unlimited Corporation (RECP-T)<\/a> Opinion about RECP-T: Fairfax wants to buy RECP Sometimes Fairfax hits a home or strikes-out when it take over a company. He stands on the sidelines and watches in admiration. Doesn't know if this will work out or not.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Pizza Pizza Royalty (PZA-T)<\/a> Opinion about PZA-T: Monthly dividend of 7.75 cents. Pretty range-bound, between $12-15, for a couple of years. Looks as though it's pulled back into the middle. Steady stock, steady and mature business. More of a yield play. Yield is 7%.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t The Second Cup Ltd (SCU-T)<\/a> Opinion about SCU-T: A company like this could come down towards the end of the year when there is tax loss selling. When they eliminated the dividend, he put it on his watch list. When he discovers a company, he does not buy into it for at least 6 months. When you see a takeover…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Restaurant Brands International (QSR-T)<\/a> Opinion about QSR-T: She's nervous about the consumer, particularly in Canada. Highly indebted consumer is being more cautious on discretionary spending. If it were just Tim's, she'd be OK with it because she likes the trade-down economics. Burger King is still closing stores, lots of competition and margin pressure.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t MTY Food Group (MTY-T)<\/a> Opinion about MTY-T: Used to be a good \"compounder\" (~20% annually). However, growth has slowed to around 10%. Is watching, but not investing at this time.\u00a0<\/p>\n\t\t<\/a>\n\t<\/div>\n\t A&W Revenue Royalties Income Fund (AW.UN-T)<\/a> Opinion about AW-T: (A Top Pick Feb 13\/25, Up 11%) It is well capitalized and has an almost 6% yield. He is looking for double digit returns and for a stock price of $50. Collects royalties and has 1000 franchises in Canada. Only 2 analysts follow it.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Boston Pizza Royalties (BPF.UN-T)<\/a> Opinion about BPF.UN-T: Trevor Rose\u2019s Insights - Trevor\u2019s most-liked answers from 5i Research BPF.UN is a small company, and may not be a 'blue chip' large company such as FTS. However, it just raised its distribution, is cheap, pays a 6.57% yield and has good management. We would be OK owning it for a small…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Keg Royalties Income Fund (KEG.UN-T)<\/a> Opinion about KEG.UN-T: Trevor Rose\u2019s Insights - Trevor\u2019s most-liked answers from 5i Research The Keg Royalties Income Fund (KEG.UN) is a $240M fund that invests in the Keg Rights Limited Partnership in connection with the operation and franchising of Keg steakhouse restaurants. It has a distribution yield of around 8%. Sales growth has mostly been…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Freshii Inc (FRII-T)<\/a> Opinion about FRII-T: It has struggled since IPO. They are now optimizing their stores. They have had a hard time growing their profits. He would wait until they start to show some profit growth.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t United States<\/strong><\/p>\n McDonalds (MCD-N)<\/a> Opinion about MCD-N: Run by a good CEO. He sees upside.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Chipotle Mexican Grill (CMG-N)<\/a> Opinion about CMG-N: Is - 33% in Q3, and one of the worst S&P stocks in Q3. It has a history of coming back, though, so a reversal is possible.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Cheesecake Factory Inc (The) (CAKE-Q)<\/a> Opinion about CAKE-Q: In Q1, staff retention improved further to help lift sales growth, has been improving their menu (capturing food trends, like adding vegetable dishes), and are opening more locations this year. Likes the company, but shares have run up hard this year. Wait for their next report though he expects another beat.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Yum! Brands (YUM-N)<\/a> Opinion about YUM-N: They reported a solid quarter, beating same-store sales as their two brands (KFC and Taco Bell) crushing it. Is up 12% YTD in a tough environment, including weak consumer sentiment.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t Shake Shack Inc (SHAK-N)<\/a> Opinion about SHAK-N: They reported last week that they will open 40-50 new locations this year. He's long.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t
\nA privately held restaurant trust with its base in the Greater Toronto area. They have some high-end restaurants in their portfolio.
\n![\"SIR](\"https:\/\/data.wealthica.com\/api\/securities\/SRV.UN-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nSome brands under the corporation include well-known brands including Harvey\u2019s, Swiss Chalet and St-Hubert. It\u2019s one of the largest restaurant chains in Canada. They brought in new management and made some acquisitions.
\n![\"Recipe](\"https:\/\/data.wealthica.com\/api\/securities\/RECP-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nThey pay a nice yield although some analysts are beginning to question whether it is sustainable. They need to manage their cash flow in order to continue dividends. This is considered an income stock.
\n![\"Pizza](\"https:\/\/data.wealthica.com\/api\/securities\/PZA-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nThe Canadian coffee shop announced last summer that they were looking into converting their some of their coffee shops to cannabis shops. They say they are primarily focusing on western Canada, and now Ontario.
\n![\"The](\"https:\/\/data.wealthica.com\/api\/securities\/SCU-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nA Canadian multinational fast food holding company that holds Burger King and Tim Hortons. They recently launched a loyalty program with significant interest.
\n![\"Restaurant](\"https:\/\/data.wealthica.com\/api\/securities\/QSR-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nA Canadian franchisor for casual dining. They have multiple brands including Thai Express, Sushi Shop and Extreme Pita. They are primarily in food courts and growth comes from acquisitions.
\n![\"MTY](\"https:\/\/data.wealthica.com\/api\/securities\/MTY-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nPeople have been loving their plant protein line of burgers. A very well-run company with 900 Canadian stores. They pay a dividend of 4.5% and has a good track record of increasing it. They are adding more stores.
\n![\"A](\"https:\/\/data.wealthica.com\/api\/securities\/AW-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nThe pizza chain pays a yield of 8.2%. However, investors worry about their 85% payout and whether the dividend is safe. They cut earning estimates by 2%. They were one of the first restaurant royalty income companies and grew rapidly. Same store sales have been lagging for them, but a turnaround might be possible.
\n![\"Boston](\"https:\/\/data.wealthica.com\/api\/securities\/BPF.UN-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nA high dividend paying stock with a yield of 6.47%. They are a leading operator of steakhouses and is one of the best managed.
\n![\"Keg](\"https:\/\/data.wealthica.com\/api\/securities\/KEG.UN-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nThey have not done too well since their IPO. They also missed expectations and were hit during tax loss selling. They have huge potential if they are able to manage their operations better. Initial valuation during the IPO was considered to be high with hard targets to meet.
\n![\"Freshii](\"https:\/\/data.wealthica.com\/api\/securities\/FRII-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nThe top restaurant stock in the world. McDonald\u2019s remains a favorite among investors. The restaurant is considered to have the most convincing valuation amongst fast food companies. Same store sales are growing and there is more upside to come.
\n![\"McDonalds](\"https:\/\/data.wealthica.com\/api\/securities\/MCD-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nThe company\u2019s stock has improved and has bounced back due to changes being implemented by the new CEO. The restaurant has been focusing on product diversification and their loyalty program as well as improving core operations.
\n![\"Chipotle](\"https:\/\/data.wealthica.com\/api\/securities\/CMG-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nA restaurant brand famous for their cheesecakes. They performed well but topped out and pulled back. The restaurant has struggled to grow and same store growth has plateaued. Is a comeback in sight?
\n![\"Cheesecake](\"https:\/\/data.wealthica.com\/api\/securities\/CAKE-Q\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nAn American fast food company that operates KFC, Taco Bell and Pizza Hut. They are diversified globally and positioned in markets that have growing sales. China account for a big part of their revenues. They are now moving into India.
\n![\"Yum!](\"https:\/\/data.wealthica.com\/api\/securities\/YUM-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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\nA fast casual restaurant chain that started In New York City. They recently announced that same-store sales have risen by 3.6%. They are investing in innovations and working on adding to their menu.
\n![\"Shake](\"https:\/\/data.wealthica.com\/api\/securities\/SHAK-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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![\"Starbucks](\"https:\/\/data.wealthica.com\/api\/securities\/SBUX-Q\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\"){kind=logo}
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