YUM: 'World class leadership'

"I think now is a particularly opportune time to buy  the world’s largest fast-food company, YUM! Brands (NYSE: YUM) ," says Louis Basenese.

The associate investment director and contributing editor to The Oxford Club observes,  "YUM Brands operates 35,000 restaurants under the KFC, Taco Bell and Pizza Hut brands.:" Here's his review of the firm's outlook, including its expanding role in China.

"For starters, YUM keeps extending its streak of impressive results. For the seventh quarter in a row it beat expectations.

"Earnings per share increased 16% for the quarter and 28% year-to-date. Not to be overlooked either is the fact YUM raised guidance. Again. 

"This quarter, fewer than 5% of companies in the S&P 500 can boast this triple whammy (beating earnings and revenue estimates and raising guidance).

"Ironically, while most of the other triple-whammy stocks enjoyed he