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Restaurant Brands (TSX:QSR) remains my top stock pick on the TSX. Hands-down, that’s been true for some time.
One of the largest quick-service restaurant giants in the world, Restaurant Brands has generated more than $35 billion in revenue worldwide this past year. The company has more than 28,000 units, operating in 100 countries. Moreover, with world-class banners such as Tim Horton’s, Burger King and Popeye’s Louisiana Kitchen under its umbrella, there’s some serious brand value associated with this stock investors ought to consider.
Here’s why I think this is the top TSX stock to own in this uncertain environment right now.
Defensive business model matters
We all need to eat, and how we choose to eat shifts based on a variety of factors. In good times, all restaurant operators tend to see an uptick in activity, as eating outside of one’s home becomes more attractive. However, when the…
