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Portillo's (NASDAQ: PTLO) is one of the top growth restaurant stocks long term because of its great unit economics and expanding growth plans. And great fourth-quarter 2023 results have shown just how strong the company is.

In this video, Travis Hoium goes over the results and explains why he's so bullish on the stock long term.

*Stock prices used were end-of-day prices of Feb. 27, 2024. The video was published on Feb. 27, 2024.

Should you invest $1,000 in Portillo's right now?

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Travis Hoium has positions in Portillo's. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.