Updating our Aggressive stocks: Restaurant Brands, Idexx and Tennant

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC. $67 (www.rbi.com) is a buy. The company operates 18,625 Burger King, 4,949 Tim Hortons (coffee and donuts), and 3,451 Popeyes Louisiana Kitchen (fried chicken). Tim Hortons recently announced a “Back to Basics Plan,” which involves new menu items, expanded use of its digital ordering app and better advertising. As well, Burger King is now testing a loyalty program in five U.S. markets as part of a broader effort to expand its digital offerings for customers. Restaurant Brands is a buy. IDEXX LABORATORIES INC. $558 (www.idexx.com) is still a hold. The company makes equipment that veterinarians use to detect diseases in pets and farm animals. The stock has soared 70% in the past year. That’s partly because the COVID-19 pandemic has increased demand for pets as more people work from home. As a result, Idexx now trades at a very high 73.7 times the $7.57 a share it will probably earn in 2021. That increases the chance of a sharp drop if its earnings growth…