Yum Brands, operators of KFC and Pizza Huts, opened 500 new restaurants in China last year and expects to open roughly the same amount this year.
“We are on the ground floor of a huge, long-term growth opportunity in China...the best restaurant opportunity in the world, bar none.”
I couldn’t agree more. If you want to own a restaurant stock, Yum Brands (YUM: 67.43 0.00 0.00%) is the best one you could own.
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Aah–earlier, Mr Sagami said that he didn’t think that China’s [stock]market had yet bottomed out–maybe it would in the next few months–
[My comment]THEN would be the time to buy, and in Chinese stocks, and under the restaurant sector, look at YUM…