Whenever a Canadian stock falls on the Toronto Stock Exchange due to a bear market, you must be ready to grab this opportunity to buy such a stock at a dip. However, it may be a concern when the firm is on the descent. Either way, you can earn dividends if you buy and hold such stocks long term. One such stock to invest in right now is Restaurant Brands (TSX:QSR), a stock that’s down 8% over the past month.
Here’s why I think this stock is a “buy the dip” opportunity, despite broader market concerns that the company’s heyday may be behind it.
Why Restaurant Brands still looks magnificent
The parent company of globally recognized fast-food giants Tim Hortons, Burger King, Popeyes Louisiana Kitchen, and, more recently, Firehouse Subs, Restaurant Brands is a beacon of cash flow stability. With a majority franchise-driven model for its 30,000 locations around the world, Restaurant Brands benefits not only from banner…
