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.

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