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AFCE Message Board

  • peter_norths_proctologist peter_norths_proctologist Jul 21, 2013 4:20 AM Flag

    Popeyes will do well over time

    I know it's not politically correct to say this, but the trend in U.S. demographics support higher demand for Popeyes fried chicken. This can't be discussed on conference calls because it can't be said in polite society, but the explosion in the black population combined with increases in government food stamps is pure gold for AFCE. There is no politically correct solution to counter the acceleration in black babies born to single mothers, and this is one of the few stocks that can benefit directly from that demographic. This stock will be over $100 in 4-5 years. And over $150 in 6-7 years.

    The short term also looks promising for Popeyes. All these protest marches for Trayvon Martin take a lot of energy, and will surely work up a hunger for Popeyes fried chicken in large cities throughout the country. Same-store sales will be very strong in Q3. No doubt. Good time to buy on dips.

    Sentiment: Strong Buy

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