Restaurant Brands International Inc. (QSR) Pursues Growth Through Partnerships and Diversification

Restaurant Brands International Inc. (NYSE:QSR) is one of the best stocks to buy, according to billionaire Bill Ackman. Late last year, analysts at RBC Capital reiterated Restaurant Brands International Inc. (NYSE:QSR) as a top idea among global franchised fast-food groups. Consequently, the research firm raised the stock’s price target to $82 from $77 while reiterating an Outperform rating.

RBC Capital Bills Restaurant Brands International Inc. (QSR) a Top idea Among Global Franchised Fast-Food Groups

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The price target hike underscores the research firm’s confidence in the company’s long-term prospects amid improving trends at Burger King. The company has already inked a strategic partnership with Chinese alternative asset manager CPE to run Burger King Operations in China.

In addition, increased focus on investments for growth, supplemented by debt reduction, underscores the positive stance. The company also continues to capitalize on its diversified brand portfolio, which includes Tim Horton’s, Burger King, and Popeyes.

Restaurant Brands International Inc. (NYSE:QSR) is a major global quick-service restaurant company that owns, operates, and franchises iconic brands like Burger King, Tim Hortons, Popeyes, and Firehouse Subs. It offers everything from burgers and fried chicken to coffee, donuts, and hot subs.

While we acknowledge the potential of QSR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QSR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.