
El Pollo Loco remains a Buy, supported by asset-light expansion, strong unit economics, and a shift beyond California. LOCO's franchise-led growth leverages low-cost conversions, driving higher ROI an

El Pollo Loco has surged 60%+ YTD, dramatically outperforming the S&P 500, yet fundamentals and valuation still support further upside. LOCO's defensible niche in flame-grilled Mexican chicken and str