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Finding a top TSX stock to buy and hold for the long term isn’t as easy as it sounds. Many high-flying growth stocks continue to outperform, and the Canadian market is no different. That said, I’ve long pounded the table on Restaurants Brands International (TSX:QSR) as one of the best Canadian stocks in the market. That view hasn’t changed.
For the most part, Restaurant Brands’ stock price has traded in a relatively narrow band. Here’s why I think more upside could be ahead, and July looks like a great place to add exposure to this Canadian gem.
Quick-service restaurants are recession-resistant
For those concerned about a potential upcoming recession, finding truly recession-resistant stocks is important. Restaurant Brands certainly appeals to me as a top option in this regard.
The company’s business model is relatively easy to understand. The umbrella company overseeing the Tim Horton’s,…
