12 Hot Stocks to Buy According to Analysts

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8. Yum China Holdings, Inc. (NYSE:YUMC)

Average Upside Potential: 33.29%

Gain Over Past 6 Months: 37.04%

Yum China Holdings, Inc. (NYSE:YUMC) serves as China’s largest restaurant company which now operates more than 15,000 restaurants under six brands across nearly 2,200 cities in China and started off as a single restaurant in 1987.

With a vision of becoming the world’s most innovative pioneer in the restaurant industry, the company has the privilege of operating the leading restaurant concepts in China such as KFC and Pizza Hut brands, and emerging brands such as Taco Bell, Huang Ji Huang, and Little Sheep. YUMC has been one of the world’s largest QSR operators by equity store count since it has successfully accelerated growth in store footprint despite a slow Chinese GDP growth in the last decade.

While the company demonstrated a robust performance during the pandemic and emerged from it better positioned, it has continued its momentum. YUMC recently recorded seven consecutive quarters of same-store transaction growth. In the third quarter, the total membership of KFC and Pizza Hut surpassed 510 million. Delivery sales rose 18% over the year thereby enabling Yum China Holdings, Inc. (NYSE:YUMC) to maintain the double-digit annual growth it has sustained over the past 10 years.

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