2013-02-21
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| PARTIAL BUY | $20.100 | OPTIMISTIC | NORTH AMERICAN | Yes |
A royalty business and they don’t actually do anything, just sell franchises. As new restaurants mature, they get put into the pool. Wonderful business. Not growing very quickly and given the appreciation of the stock price, he wouldn’t be a very aggressive buyer here. 5.8% yield.
Fabrice Taylor
Publisher,
The President's Club Newsletter