Jim Cramer Says Restaurant Brands (QSR) Is The Best In Fast Food

We recently published Jim Cramer’s Latest Thoughts On Cisco, NVIDIA & Other AI Stocks. Restaurant Brands International Inc. (NYSE:QSR) is one the stocks discussed by Jim Cramer.

Restaurant Brands International Inc. (NYSE:QSR) is a fast food restaurant company known for its well-known brands, such as Tim Hortons and Burger King. Its shares are up by 9.4% over the past year and by 12.4% year-to-date. Amidst the macroeconomic tension ushered in by the Iran conflict, Bank of America was out with some rather interesting coverage about the firm recently, as it pointed out that spending in the Quick Service Restaurant sector appeared to accelerate when gasoline prices surged. The bank used it to argue that the spending trends indicate that Restaurant Brands International Inc. (NYSE:QSR) is functioning as a unique defensive stock in the current macroeconomic environment. On March 2nd, Truist raised the firm’s share price target to $87 from $83 kept a Buy rating on the shares. Cramer also discussed the firm and confirmed that it was performing well in the current environment:

“When it comes to fast food, it’s QSR that is doing the best, which is Burger King in a major turnaround”

Jim Cramer Says Restaurant Brands (QSR) Is The Best In Fast Food

While we acknowledge the risk and potential of QSR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QSR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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