Restaurant Brands International Inc. QSR

Restaurant Brands International is a cash-gushing franchisor with iconic brands, a proven management team and clear reinvestment avenues. Yet high debt, moderate competitive advantages and a share price already close to intrinsic base value temper enthusiasm. The opportunity hinges on flawless execution of remodels and international expansion, which could unlock meaningful upside—but downside protection is modest given leverage and consumer sensitivity.