Legendary value investor Seth Klarman is buying Restaurant Brands International (QSR) instead of chasing AI stocks. QSR has a forward PE of about 17 and is up 5% this year. Burger King US drove a 5.8% comp increase, and the international business posted a 5.7% comp.
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Summary by ByteBrief
As Artificial Intelligence (AI) Stocks Drive the Market Higher, Is Now the Time to Buy? These 9 Words From Warren Buffett Might Change Your Mind.