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I’ve been both bullish and bearish on Dunkin’ Brands (DNKN) at different times in the past, mostly depending upon the valuation. More recently, I was neutral as I saw the valuation as pricing in too much growth. That was four months ago and the share price did fall significantly following my valuation call, but shares have since rallied hard thus far in 2020, sending them back to nearly $80. I feel good about the company’s ability to continue growing at a reasonable rate for a long time given store growth potential,