Is Yum Brands finally seeing a turnaround in China?
The company's fourth-quarter earnings report may indicate a shift in momentum.
Yum Brands (YUM) reported fourth-quarter earnings Monday night after market close, and on the whole investors cheered the report.
The fast-food giant saw a jump in operating profit thanks to an increase in labor efficiency in China, one of Yum!'s most important markets. Shares were climbing steadily Tuesday on the back of this report.
Michael believes Yum's brands remain intact, and the company has a tremendous footprint to continue growing internationally, making the stock an intriguing pick for investors.
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The stock rises 9% after the company reveals strong second-quarter results.
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