Should You Consider Investing Your Money in Restaurant Brands International (QSR)?
Pershing Square Holdings Ltd, an investment management firm, published its fourth-quarter 2020 investor letter – a copy of which can be downloaded here. A net return of 70.2% was recorded by the fund for the year-end of 2020, outperforming its S&P 500 benchmark that delivered an 18.4% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Pershing Square Holdings, in their Q4 2020 investor letter, mentioned Restaurant Brands International Inc. (NYSE: QSR) and shared their insights on the company. Restaurant Brands International Inc. is a Oakville, Canada-based fast food restaurant company that owns Tim Hortons. Burger King, and Popeyes. It currently has a $19.98 billion market capitalization. Since the beginning of the year, QSR delivered a 7.27% return, impressively extending its 12-month gains to 88.31%. As of April 01, 2021, the stock close
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