SwingTrade Member Forum

[Rawnoc]

TAST thoughts as of 10/20/10...

TAST is a low risk good potential NASDAQ stock worth accumulating IMO. Here's why:

(1) TAST is trading with an insanely cheap PE ratio, especially vs its peer. It's a restaurant franchise company that owns over 300 Burger Kings, around 100 Pollo Tropicals, and over 150 Taco Cabanas. TAST has been consistently making nice EPS throughout the downturn and is well positioned to grow nicely with any upturn in the economy.

(2) TAST wild card that has me particularly interested....Burger King parent was recently bought out for a HUGE premium vs. their earnings. Somebody apparently thinks the Burger King chain either has some really huge potential and/or its future earnings are going to go way up. Based on the buyout of Burger King I think the 300 franchised-owned Burger Kings of TAST may be severely undervalued.

(3) TAST has a low float and can move up fast.