"With a very defensive business model (those eating away from home may choose to trade down to a Restaurant Brands location when dining out in times of economic turmoil), I'd argue the company's future earnings and cash flow profile is more attractive than other restaurant chains. And with a dividend yield of 3.5% and a reasonable valuation (actually one of the cheapest valuations in recent history), this stock does indeed look like a screaming buy to me right now."
"Bill Ackman is one billionaire investor many follow closely. There are good reasons for this, from the outspoken nature of the hedge fund manager on a range of topics (including politics), to his high-profile feuds with others in the hedge fund world (which has been entertaining to watch, to say the least). That said, Bill Ackman has made some intriguing bets in the past, many of which have paid off handsomely. I think three of his recent picks are certainly ones worth considering."
Bill Ackman is a high-profile billionaire investor known for outspoken positions and public feuds. He has made notable, often profitable bets and currently holds Restaurant Brands as his fifth-largest position. Restaurant Brands benefits from world-class banners including Burger King, Popeye's and Tim Horton's, solid same-store sales, and global expansion efforts that have succeeded in key Asian markets. The company offers a 3.5% dividend yield and a historically attractive valuation, supported by a defensive model that can attract trade-down dining during economic stress. Ackman's largest holding is Uber Technologies, with 30.3 million shares valued at over $2.8 billion.
Read at 24/7 Wall St.
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