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Jon Quast

πŸ‘€ Speaker
5155 total appearances
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Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

So that's a really interesting one for me.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

When we come back, why doesn't anyone want to own pizza anymore?

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

This is Motley Fool Money.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

Welcome back to Motley Fool Money.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

So restaurant stocks are not having a great year this year.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

The advisor shares restaurant ETF is currently down about 10% over the past year compared to a 16% gain for the S&P 500.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

And so there's kind of a lot to talk about here in the restaurant space.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

Interestingly enough, pizza is having a, let's just say, interesting time.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

So Yum!

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

Brands, if you look at the top three pizza brands,

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

chains out there, if you will.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

No disrespect to Little Caesars, but the big three, you have Domino's, you have Pizza Hut, and you have Papa John's.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

Yum!

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

Brands owns Pizza Hut, and it's looking at strategic options right now, which may even include a spinoff.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

And then you have Papa John's, a private equity firm, Apollo Global, had put in a $2.1 billion bid to acquire the pizza chain, but it actually withdrew that bid earlier this week.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

Why doesn't anyone want to own pizza anymore, Lou?

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

That's such an interesting thing to point out there, Emily.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

I want to stick with you, Emily, on this one.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

I know that you have some thoughts when it comes to China.

Motley Fool Hidden Gems Investing
Investors Get Cold Feet in a Hot Stock Market

We do have some news here in the restaurant space, coffee giant Starbucks.