Two new stock picks from Logos LP for the new year:
2018 Top Stock Pick 1: Del Taco Restaurants (TACO) -- This is a new position for Logos.
Peter Mantas:
The company has surprisingly consistent operating margins in the high single digits — which is almost double that of Chipotle Mexican Grill (CMG) — and trading at only 1x sales which is well below industry competitors. More importantly, this small cap is unloved at the moment (down 17% year to date) despite strong growth prospects.
At only 5% revenue growth (which is well below their current forecast), 5% net...
