In today’s post I would like to write about two Canadian companies chasing the $100 per share. Both companies trade on the Toronto Stock Exchange and both companies have exciting growth opportunities for decades to come. Most Canadian investors are familiar with those companies and probably use their services on regular basis. The companies in focus are Couche-Tard and Restaurant Brands International. There are both trending towards a $100 per share, is just of matter of time.
Alimentation Couche-Tard (TSX : ATD.A.TO / ATD.B.TO)
Couche-Tard is a Canadian multinational operator of convenience stores and fuel stations. The company has 15,000 stores across Canada, US, Europe, Mexico, Japan, China and Indonesia. The company operates its corporate stores under mainly Couche-Tard, Mac's, Circle K, On the Run and also under the affiliated brands 7-jours, Dairy Mart, Daisy Mart and Winks.
Here’s why the stock will continue to climb higher:
- Global expansion of convenience stores
- Pot Shop partnership with world’s biggest pot company Canopy Growth
- Implementation of electric cars charging stations
Couche-Tard will continue to grow internationally through 2022. The pot partnership is a huge deal for the company. And the electric car charging stations is the way of the future. By 2040, at least half of the cars on the road will be electric. Although the company will be selling fuel for at least two more decades, it’s better to experiment with charging stations now for a seamless transition in the future.
Restaurant Brands International (TSX: QSR)
Restaurant Brands International Inc. (RBI) is a Canadian multinational fast food holding company. Formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast food chain Popeyes Louisiana Kitchen, the company is the fifth-largest operator of fast food restaurants in the world behind Subway, McDonald's, Starbucks and Yum! Brands (KFC, Pizza Hut, Taco Bell).
Here’s why the stock will continue to climb higher:
- Global expansion of Burger King, Tim Hortons and Popeyes
The company has a 10-year global expansion plan. I’m mostly excited about Tim Horton’s expansion in China. The company plans to open 1,500 stores, however I believe they will open a lot more stores. The Chinese market is huge compared to Canadian market. 1,500 stores will not be enough to serve 1.3 billion people.
So these are the two Canadian companies chasing the $100 per share. Which company do you think will win the race? Let me know what you think in the comment section below.
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Interesting post. While they both got alot of things going for them, I think qsr will be the first to hit the 100$ mark.
ReplyDeleteGrowth in China should be great. The new tims loyalty program has been a long time coming and even bk has done some new things.
Also the bk down the st from me just opened. Its been in construction for like a yr (red tape).
Bks my favorite fast food, so earnings from me should propel next quarters earnings!
haha cheers man
Is that the burger place your went for your birthday?
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