Yum! Brands, Inc. (YUM)

synergize (98.33) Submitted: 5/16/08 12:06 AM : Start Price: $40.51 YUM Score: -3.79

May. 8, 2008 (China Knowledge) - The U.S. fast food giant Yum! Brands Inc, owner of the Kentucky Fried Chicken and Pizza Hut brands, is gearing up expansion in China, banking on the most-populated nation to secure its earnings to counter falling sales at home amid the U.S. economic recession. The U.S. company has localized its menu in KFC in China.

I think this move will benefit the company especially this year with the Olympics.

Technical:
The stock has been on an uptrend for several years. It’s relatively strong and that will continue for months and years. There is a strong support near 39. Money flow is increasing. Overall the sentiment is bullish.

About the company:
Quick service restaurant company comprised of the worldwide operations of A&W All-American Food Restaurants, KFC, Long John Silver's, Pizza Hut and Taco Bell.

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