KFC Helps Yum China Get Back to Growth Mode
Our experts issued a rare "Double Down" Buy alert on this one stock... Learn more.
The global restaurant industry has been deeply impacted by the coronavirus pandemic, but Yum China Holdings (NYSE: YUMC) is more than holding its own. With sole licensing rights to the ever-popular KFC, Pizza Hut, and Taco Bell chains from former parent Yum! Brands (NYSE: YUM) in mainland China and the acquisition of local hot pot chain Huang Ji Huang early in the year, China's largest restaurant operator appears to be back in growth mode. Challenges remain, but this is still one of my favorite restaurant stocks.
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Source Fool.com
