Let's face it, MCD is a wonderful stock, but it has maxed out in the short run. It is about 20 times earnings, based on a $1.25 quarter, without exceptional growth prospects this year. It's strengths are its wonderful business model, the quality of its franchise, its dividend, and its balance sheet. Its weaknesses are a new president (Skinner was great, so can the new guy do as well) and the fact that it has spent most of its bullets for increasing same-store sales.
No dividend increase for two more quarters. Perhaps we'll get a stock split.
Still a solid stock, but there are better places to put your money. YUM? Gee, I feel like a traitor!
But the volumes doesnt suggest that.... If it were dead money - why is the stock not tanking( everybody selling)? The volumes have been healthy in the past few days - which shows that there is still steam left in the stock.
This stock is not for the guys who have a short term view.....You need patience with this one......